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Excise dept asks payment details
April, 21st 2010

After a notice to owners of Kings XI Punjab on payment of service tax, the central excise department here has asked its five players, including Yuvraj Singh, to furnish details of the payment received from the IPL franchise.

"We have sought details from players to furnish details regarding the payment they have received from the franchise," a senior official of Central Excise department, who did not wish to be named, told PTI here today.

The Central Excise Department had earlier slapped a show cause notice on KPH Dreams, which owns Kings XI Punjab, seeking payment of service tax to the tune of Rs. 5.38 crore for the first season of IPL.

"We wanted to know how much money the players have received for playing games and how much money they received for sponsorships so as to calculate the service tax," the official said.

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