SpiceJet clears pending TDS dues of Rs 310 crore for Q2FY25
So far this fiscal, it has cleared Rs 600 crore pending dues, including salaries, GST liabilities, and PF contributions, the company said.
So far this fiscal, it has cleared Rs 600 crore pending dues, including salaries, GST liabilities, and PF contributions, the company said.
The airline had been under additional scrutiny due to financial issues and flight cancellations.
Domestic airline SpiceJet said here on Friday that it has cleared all GST dues of around Rs 71 crore, days after raising Rs 3,000 crore through Qualified Institutional Placement (QIP).
The National Company Law Tribunal (NCLT) on Monday issued a notice to embattled low-cost carrier SpiceJet over a petition by Techjockey Infotech Pvt Ltd, one of its operational creditors.
Budget carrier Spicejet has been placed under "enhanced surveillance" by the Directorate General of Civil Aviation after passengers were not allowed to board the airline's flights in Dubai as it had not paid its airport dues.
The application of such a system helps move an aircraft forward or backward without powering its engines or using external tugs.
The service will be available to both door-to-door domestic cargo as well as airport-to-airport domestic services, SpiceJet said in a release.
The airline has also launched new daily non-stop flights connecting Hyderabad with Visakhapatnam, Tirupati and Vijayawada.
SpiceXpress aims to provide the first mile pick up and last mile delivery to carry COVID 19 vaccines across the domestic and international markets in a temperature-controlled environment.
It had earlier touched a high of Rs 106, up by 6.37 per cent, during early hours of the trade.
