Like the bird after which he named his airline, Vijay Mallya flew away, a bench of the Bombay HC observed on Monday .
Kingfisher Airlines had moved the HC against a Customs, Excise and Service Tax Appellate tribunal ruling, which had dismissed its appeal against an order of the service tax commissioner because the airline had failed to deposit Rs 18 crore. The airline, said the department, owed Rs 36 crore as service tax from sale of tickets to its passengers for the 2011-12 fiscal. The airline had challenged the claim, but for its appeal to be heard by Cestat, it had to de posit part of the amount. Failure to do so had led to the appeal’s dismissal and the airline rushed to the HC for relief. The total dues were over Rs 500 crore, the service tax department claimed.
Prakash Shah, counsel for the airlines, had barely begun making his submission before a bench of Justices S C Dharmadhikari and B P Colabawa la, when Justice S C Dharmadhikari quipped, “Does anyone know why he (Mallya) came up with the name `Kingfisher’ for his entity? In history no one could have come up with a more apt name for this entity …Because Kingfisher is a bird that can fly away…it knows no boundaries…no boundaries can stop it. Just like no one could stop him,“ he added.
Hindustan News 20/09/2016: http://epaper.livehindustan.com/