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Saturday 3 March 2012

Kingfisher Airlines misses deadline, more accounts frozen

The service tax department has frozen some more bank accounts of debt-crippled Kingfisher Airlines for missing the deadline for clearing dues.

"The airline has been paying its dues so far at the rate of Rs 1 crore for every working day. Until this week, they have paid their dues but again missed the deadline," said by a senior official of the Central Board of Excise & Customs (CBEC), the apex body that administers indirect taxes.

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