March 13, 2012
Jet Airways would like to clarify its position on certain inaccurate, damaging and misleading media reports, with regards to service tax payments of the airline. Jet Airways would like to state that a payment schedule has been mutually worked out and accepted together with the tax authorities and at no point in time the airline's accounts have been frozen.
In fact, no bank account of Jet Airways has been frozen or attached as reported inaccurately in certain sections of the press. Jet Airways would like to further confirm that as per the mutually accepted payment schedule an amount of Rs. 35 crore has already been received by the service tax department, and the balance Rs. 35 crore will be paid in full on March 15th, 2012.
The airline would like to add, that the service tax department had been in touch with IATA with regards to having their proceeds remitted when the collections are remitted to Jet Airways.
As a socially conscious corporate, Jet Airways is fully aware and completely committed to its guests, employees and the industry.
© Jet Airways (India) Ltd.