Actor Mahesh Babu’s Bank Account Frozen Over Tax Dues
The Goods and Services Tax (GST) department on Thursday said it has attached the bank accounts of Telugu superstar Mahesh Babu to recover service Tax dues from him.
According to the press release issued by the Hyderabad GST department, Mahesh Babu has not paid the service tax during 2007-08 for the taxable services he rendered as brand ambassador, money made from appearance and advertising for products. The total due from Mahesh was Rs 18.5 lakh and now the GST department has attached his bank accounts in Axis Bank and ICICI Bank for an amount of Rs 73.5 lakhs which include tax, interest and penalty.
A senior official of the GST department said Mahesh Babu failed to get any reprieve on this issue. The department recovered Rs 42 lakh from Axis Bank and the remaining amount is to be paid by ICICI Bank.
They further said the 43-year-old actor cannot operate the bank accounts until he settles the tax dues with the department.