Vijay Mallya’s private jet sold for a paltry rs 35 crore

in #auction6 years ago

IMG_20180702_161521.jpg

After four failed attempts since March 2016, India’s service tax authorities have sold Vijay Mallya’s luxury jet for ₹ 34.8 crore ($5.05 million) to Florida, US-based Aviation Management Sales. The service tax authorities had put up for auction the Airbus A319 luxury jet, which Mallya used to fly across the world to finalise business deals, to recover ₹ 800 crore in dues that had accumulated on account of non-payment of service tax by Kingfisher Airlines.

The transaction was completed on Friday through an e-auction, following a Karnataka high court order, said a person familiar with the development. The jet was parked at a hangar in Mumbai airport since it was confiscated in 2013. The deal will go through after the Bombay high court’s approval.

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Yes its right thing to get our money back from such kind of person.

Yes its right thing to
Get our money back from
Such kind of person.

                 - maherame


I'm a bot. I detect haiku.

Government do right with him. That's a good news