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Volkswagen challenges $1.4 Bn tax demand in India
Exclusive: Volkswagen sues India to quash ‘enormous’ $1.4 billion tax demand, legal filing shows
Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions of people worldwide every day. Reuters provides business, financial, national and international news to professionals via desktop terminals, the world's media organizations, industry events and directly to consumers.
Bombay High Court Agrees To Hear Volkswagen India's Challenge To 1.4 Billion USD Tax Demand By Customs Authorities
The Bombay High Court on Wednesday agreed to hear on February 17, the petition filed by Skoda Auto Volkswagen India challenging the tax demand of USD 1.4 billion by Indian customs
India’s Economics Laws Practice Engaged as Volkswagen Sues Local Authorities Over $1.4B Tax Bill
The tax notice, which was sent to Volkswagen India in September last year, targets the taxation of some of the company’s VW, Skoda and Audi cars.
Volkswagen Sues India After Government Demands $1.4 Billion In Taxes - A Fight For Survival?
Volkswagen has contested a $1.4 billion tax demand from the Indian Government in the Mumbai High Court, claiming it threatens its investment and operations in the country. Click for more details.
Volkswagen Is Suing the Government of India Over a $1.4 Billion Tax Bill
Volkswagen has filed a lawsuit against Indian authorities over what the brand describes as an "impossibly enormous" tax demand, according to a new report from Reuters — a bill of $1.4 billion.
Volkswagen moves Bombay high court against $1.4 billion duty demand
MUMBAI: Automobile major Volkswagen has approached Bombay high court to challenge a notice issued by revenue authorities last year for an "impossibly enormous" demand of $1.4 billion.The show cause notice issued in Sept 2024 under the Customs Act pertains to import of automobile parts.
Volkswagen Sues India Seeking A Removal Of ‘Impossibly Enormous’ Tax Demand Worth $1.4 Billion, Says Report
Volkswagen has reportedly sued Indian authorities seeking them to set aside the tax demand of $1.4 billion. The auto major has taken the action to qaush the ‘impossibly enormous’ tax ask, arguing that it stands contradictory to the import taxation rules of India for car parts.
Volkswagen sues Indian authorities for USD 1.4 billion tax notice: Report
Volkswagen has sued the Indian authorities to quash the USD 1.4 billion (over Rs 12,000 crore) tax demand, according to a Reuters report. Volkswagen’s India unit, Skoda Auto Volkswagen India Pvt Ltd has also told the Mumbai High Court that the said tax dispute puts at risk the group’s investments of USD 1.
Volkswagen Challenges India’s $1.4B Tax Demand in Court
Volkswagen has filed a lawsuit against Indian authorities to contest a $1.4 billion import tax demand, calling it impossibly enormous and contradictory to New Delhis import rules. The case, filed by Skoda Auto
Report: Volkswagen challenges $1.4 Bn tax demand in India
Volkswagen’s Indian unit, Skoda auto Volkswagen India, has filed a legal challenge against the Indian government’s $1.4 billion tax demand, calling it "Impossibly enormous" and contradictory to India's import taxation rules.
India Today
7h
Court to hear Volkswagen India's plea against $1.4 billion tax notice on Feb 17
Lawyers representing the company mentioned the petition before the bench of Justices BP Colabawalla and Firdosh Pooniwalla ...
8h
Exclusive: India accuses Kia of evading taxes of $155 mln in VW-like dispute
India has accused South Korea's Kia of evading taxes of $155 million by misclassifying component imports but the carmaker has ...
8h
on MSN
Mumbai: Bombay HC To Hear Skoda Volkswagen India Plea Against Tax Demand On Feb 17
Mumbai: The Bombay High Court will hear on February 17 a plea by Å koda Volkswagen India challenging the $1.4 billion tax ...
CarDekho
7h
Volkswagen Golf GTI Coming To India, Pre-Bookings Open At Some Dealerships
According to our sources, the Golf GTI will be introduced in India as a full import and is expected to be available in ...
2d
How Volkswagen bumped into a $1.4 billion problem in India
Volkswagen is facing a $1.4 billion tax dispute with the Indian government over alleged import tax evasion for its car parts.
8h
Bombay HC to hear Volkswagen India's plea against $1.4 bn tax notice on Feb. 17
Bombay High Court to hear Skoda Auto Volkswagen India's plea challenging $1.4 billion tax demand on February 17.
Khaleej Times on MSN
6h
Exclusive-India Accuses Kia of Evading Taxes of $155 Million in VW-Like Dispute
Two sources said Kia's case was similar to that of Volkswagen, accused of evading a higher tax of 30% to 35% applicable on ...
2d
Volkswagen Sues India Over $1.4 Billion Import Duty; Internet React With Nirmala Sitharaman Memes
Volkswagen has slapped the Indian authorities with a lawsuit over a staggering $1.4 billion tax demand.
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