Informative

SpiceJet clears Salary Arrears and GST Dues of Rs. 145 Cr after Raising 3000 Cr

Update / Judgement Date

27 Sept 2024

Source

Taxscan

Author

Team — WCP Legal Desk

Reading Time

1 min read

Corporate ComplianceFinancial ManagementGST

SpiceJet Clears Salary Arrears and GST Dues of ₹145 Cr After Raising ₹3000 Cr SpiceJet cleared its salary arrears and GST dues amounting to ₹145 crores after successfully raising ₹3000 crores. This financial move aims to stabilize the airline’s operations and address outstanding liabilities. The clearance of dues reflects the company’s commitment to financial responsibility and compliance.

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SpiceJet clears Salary Arrears and GST Dues of Rs. 145 Cr after Raising 3000 Cr

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