Property attachment proceedings against IPL cricketer
The Central Excise Department today initiated property attachment proceedings against cricketer Uday Kaul for non-payment of service tax to the tune of Rs 10 lakh.
"We have started executing property attachment orders against Kaul for not paying service tax of (about) Rs 10 lakh," said a senior central excise officer.
It is learnt that the attachment orders had been slapped on Kaul a month back over demands for payment of service tax on money received by the cricketer for product endorsements during the first and the second Indian Premier League seasons.
Kaul, who had represented IPL franchise Kings XI Punjab in the tournament, was also a member of the Punjab squad for the recent Ranji Trophy matches.
In an effort to quicken tax recovery, the Central Excise department last month issued property attachment orders in 40 cases, including against Kaul, with a view to recover service tax arrears of over Rs 50 crore.
Meanwhile, Punjab Roadways has paid Rs 2.66 crore towards clearing dues of Rs 8 crore which it owes the Central Excise department. It has promised to clear the outstanding amount before March end.
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