Mahesh Retort to GST Commissioner

It seems GST commissioner turned too tasty and over enthusiastic in freezing Prince Mahesh Babu's bank accounts. The other day, Mahesh Babu's accounts from Axis Bank and ICICI bank were freezed by GST commissioner alleging that Mahesh Babu evaded service tax for his brand ambassador They said Mahesh Babu failed to pay Rs.18.5 lakhs service during 2007 and 2008 which was increased to Rs.73.5 lakhs now adding interest and penalty. 

However, Mahesh Babu on Friday clarified that he has no undisputed tax payable and that he is a law abiding citizen complying with all fiscal legislation.  Furthermore, Mahesh Babu made it clear that brand ambassador services were not taxable during 2007-08 and they were brought in the statute book only after 2010. 

"The GST commissionerate, Hyderabad has carried out the attachment without notice when several judicial pronouncements on this issue are in favour of the taxpayer and more so when the dispute is pending before the high court," said Mahesh Babu's legal team.