18 January, 2016

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Make My Trip Under Service Tax Scanner for Alleged Evasion of Rs 75 Crore

Make My Trip Under Service Tax Scanner for Alleged Evasion of Rs 75 Crore

Online travel company MakeMyTrip is under probe for alleged service tax evasion of Rs 75 crore. The Directorate General of Central Excise Intelligence (DGCEI) has registered a case against the online travel services provider for allegedly not depositing service tax which it had collected from the customers, official sources said.
 
Following the probe, one of the company's senior executives was arrested by the DGCEI officials and released on bail last week, they said.

"We have a strong case as advised by our tax advisors and, therefore, will be contesting the matter with the appropriate authorities. We are extending our full cooperation to the authorities in the investigation.
 
Further, the company official who was detained by the authorities has already been released," the spokesperson said.
 
DNA India has Covered the Story – The Above is an extract and Full Story can be Read at :-
http://www.dnaindia.com/money/report-makemytrip-under-central-excise-agency-scanner-for-rs-75-crore-alleged-tax-evasion-2167120







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