Cleared all GST dues, says SpiceJet
The Hindu
SpiceJet clears ₹145 crore GST dues after raising ₹3,000 crore through QIP, settles employee salary dues.
Debt-ridden SpiceJet on Friday (September 27, 2024) said it has cleared all its Goods and Services Tax (GST) dues.
The airline, which raised ₹3,000 crore through the Qualified Institutional Placement (QIP) route last week, had GST dues worth over ₹145 crore.
In a release, the carrier said it has cleared all the GST dues.
As per the preliminary placement document related to ₹3,000 crore fund raise, the airline had GST dues of ₹145.1 crore as on September 15.
After receiving the fresh capital of ₹3,000 crore, SpiceJet has also cleared salary dues of employees for July and August as well part of pending June salaries.
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