SpiceJet clears all GST dues

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The story "SpiceJet clears all GST dues" was covered 2 hours ago by Times of India, a news publisher based in India.

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Times of India 2h ago

SpiceJet clears all GST dues - Times of India

Quick Summary:

SpiceJet has settled all its GST dues after successfully raising INR 3000 crore through a Qualified Institutional Placement.

The airline also resolved a dispute with Engine Lease Finance Corporation and cleared all pending salary dues of employees, showcasing its dedication to financial discipline and regulatory compliance.

ELFC had previously claimed USD 16.7 million, and the settlement has been reached for an undisclosed amount, which is lower than the initial claim.