The GST Commissionerate seized couple of bank accounts of Superstar Mahesh Babu and they claimed that the actor is yet to settle the dues of Rs 73.5 lakhs towards tax and the penalty along with interests as per the brand ambassador services rendered in FY 2007-08. This news went viral and has been published across all the news dailies and web portals. The legal team of Superstar responded today and issued a clarification about the issue.
They made it clear that the brand ambassador services was brought in the statute by insertion of Section 65(105)(zzzzq) with effect from 1-7-2010. The team also reminded that Mahesh Babu over these years was never into any legal spat and has a clean history. The GST Commissionerate Hyderabad has carried out the attachment without notice when several judicial pronouncements are in favor of their client said Mahesh’s legal team.