{"id":143004,"date":"2024-09-27T07:13:07","date_gmt":"2024-09-27T07:13:07","guid":{"rendered":"https:\/\/news.talkwithrattan.com\/index.php\/2024\/09\/27\/spicejet-clears-all-gst-dues-times-of-india\/"},"modified":"2024-09-27T07:13:07","modified_gmt":"2024-09-27T07:13:07","slug":"spicejet-clears-all-gst-dues-times-of-india","status":"publish","type":"post","link":"https:\/\/news.talkwithrattan.com\/index.php\/2024\/09\/27\/spicejet-clears-all-gst-dues-times-of-india\/","title":{"rendered":"SpiceJet clears all GST dues &#8211; Times of India"},"content":{"rendered":"<div style=\"text-align:center\"><img loading=\"lazy\" decoding=\"async\" width=\"400\" height=\"225\" src=\"https:\/\/i1.wp.com\/static.toiimg.com\/thumb\/msid-113728990,imgsize-21774,width-400,resizemode-4\/113728990.jpg?fit=400,225&amp;ssl=1\" class=\"attachment-post-thumbnail size-post-thumbnail wp-post-image\" alt=\"SpiceJet clears all GST dues &#8211; Times of India\" title=\"SpiceJet clears all GST dues &#8211; Times of India\" \/><\/div><p> <br \/>\n<\/p>\n<div data-articlebody=\"1\">\n<div class=\"_s30J clearfix  \">\n<div class=\"MwN2O\">\n<div class=\"T22zO\">\n<section class=\"D3Wk1  clearfix id-r-component leadmedia undefined undefined  VtlfQ\" style=\"top:0px\">\n<div class=\"D3Wk1\" data-ua-type=\"1\" onclick=\"stpPgtnAndPrvntDefault(event)\">\n<div class=\"zPaFh\">\n<div class=\"wJnIp\"><\/div>\n<\/div>\n<\/div>\n<\/section>\n<\/div><\/div>\n<p>NEW DELHI: Maintaining <!-- -->financial discipline<!-- --> and regulatory compliance, domestic airline <!-- -->SpiceJet<!-- --> has cleared all its Goods and Services Tax (<a href=\"https:\/\/timesofindia.indiatimes.com\/topic\/gst-bill\" styleobj=\"[object Object]\" class=\"\" frmappuse=\"1\">GST<\/a>) dues.<br \/>The airline in a statement on Friday informed that the payment of GST dues follows SpiceJet&#8217;s recent successful <!-- -->Qualified Institutional Placement<!-- --> (QIP), which raised INR 3000 crore.<br \/>The QIP attracted a diverse range of top-tier institutional investors and funds, including marquee names such as <!-- -->Goldman Sachs<!-- --> (Singapore), Morgan Stanley Asia, Tata Mutual Fund, and Discovery Global Opportunity Ltd.<br \/>&#8220;We are proud to have cleared all GST dues, a significant step towards reinforcing our commitment to financial discipline and regulatory compliance,&#8221; said Ajay Singh, Chairman, Managing Director of SpiceJet.<br \/>&#8220;These developments reflect our commitment to providing exceptional service to our passengers while positioning ourselves strategically for the future,&#8221; Singh added.<br \/>On September 24, SpiceJet announced it had resolved its dispute with Engine Lease Finance Corporation (ELFC) through an amicable settlement. 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. This resolution marks another significant step towards strengthening SpiceJet&#8217;s financial health.<br \/>Recently, the airline has cleared all pending salary dues of its employees.<\/div>\n<\/div>\n<p><script>\nvar _mfq = window._mfq || [];\n_mfq.push([\"setVariable\", \"toi_titan\", window.location.href]);\n!(function(f, b, e, v, n, t, s) {\n    function loadFBEvents(isFBCampaignActive) {\n      if (!isFBCampaignActive) {\n        return;\n      }\n      (function(f, b, e, v, n, t, s) {\n        if (f.fbq) return;\n        n = f.fbq = function() {\n          n.callMethod ? n.callMethod(...arguments) : n.queue.push(arguments);\n        };\n        if (!f._fbq) f._fbq = n;\n        n.push = n;\n        n.loaded = !0;\n        n.version = '2.0';\n        n.queue = [];\n        t = b.createElement(e);\n        t.async = !0;\n        t.defer = !0;\n        t.src = v;\n        s = b.getElementsByTagName(e)[0];\n        s.parentNode.insertBefore(t, s);\n      })(f, b, e, 'https:\/\/connect.facebook.net\/en_US\/fbevents.js', n, t, s);\n      fbq('init', '593671331875494');\n      fbq('track', 'PageView');\n    };\n    function loadGtagEvents(isGoogleCampaignActive) {\n      if (!isGoogleCampaignActive) {\n        return;\n      }\n      var id = document.getElementById('toi-plus-google-campaign');\n      if (id) {\n        return;\n      }\n      (function(f, b, e, v, n, t, s) {\n        t = b.createElement(e);\n        t.async = !0;\n        t.defer = !0;\n        t.src = v;\n        t.id = 'toi-plus-google-campaign';\n        s = b.getElementsByTagName(e)[0];\n        s.parentNode.insertBefore(t, s);\n      })(f, b, e, 'https:\/\/www.googletagmanager.com\/gtag\/js?id=AW-877820074', n, t, s);\n    };\n    function loadSurvicateJs(allowedSurvicateSections = []){\n      const section =  window.location.pathname.split('\/')[1]\n      const isHomePageAllowed = window.location.pathname === '\/' && allowedSurvicateSections.includes('homepage')\n      if(allowedSurvicateSections.includes(section) || isHomePageAllowed){\n        (function(w) {\n         function setAttributes() {\n                    var prime_user_status = window.isPrime ? 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