Telugu Actor Mahesh Babu's Bank Accounts Frozen Over Service Tax Dues

HYDERABAD — The Items and Products and services Tax division Thursday stated it has connected the financial institution accounts of Telugu famous person Mahesh Babu to get better carrier tax dues from him.

In line with a press unlock issued via the Hyderabad GST Commissionarate, Mahesh Babu has no longer paid the Carrier Tax all over 2007-08 for the taxable products and services he rendered as logo ambassador, look cash and promoting for promotion of goods amongst others.

“The full tax due from him used to be Rs 18.five lakh. These days the GST division has connected his financial institution accounts in Axis Financial institution and ICICI Financial institution for an quantity of Rs 73.five lakhs which incorporates tax, hobby and penalty, it stated.

When contacted, a senior reliable of the GST division stated Mahesh Babu did not get any reprieve from any appellate authority in this factor.

“We have now connected the financial institution accounts and began improving.. We have now recovered Rs 42 lakh from Axis Financial institution as of late. Steadiness, ICICI financial institution has to pay via the next day.

In a different way motion might be taken in opposition to ICICI Financial institution. Below segment 74 of the Finance Act 1994, the financial institution is answerable for cost, resources advised PTI.

They additional stated the 43-year-old actor can not perform the financial institution accounts till he settles the tax dues with the dep..

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