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Volkswagen has sued Indian authorities to quash an "impossibly enormous" tax demand of $1.4 billion, arguing the ask is ...
The dispute, which involves the importation of car parts, could impact the company's business plans and investment in India.
Bombay High Court to hear Skoda Auto Volkswagen India's plea challenging $1.4 billion tax demand on February 17.
Volkswagen is facing a $1.4 billion tax dispute with the Indian government over alleged import tax evasion for its car parts.
Volkswagen has contested a $1.4 billion tax demand from the Indian Government in the Mumbai High Court, claiming it threatens ...
Kia India has received a tax demand notice for USD 155 million over component imports for the Carnival model. The automaker denies any wrongdoing and has filed a detailed response.
The tax notice, which was sent to Volkswagen India in September last year, targets the taxation of some of the company’s VW, ...
Lawyers representing the company mentioned the petition before the bench of Justices BP Colabawalla and Firdosh Pooniwalla ...
The recent developments are in light of India's Finance Ministry and Customs officials placing a USD 1.4 Billion (Rs 12k Cr) ...
Volkswagen (VWAGY) shares skidded lower as the U.S. slapped tariffs on trading partners, but there are perhaps more pressing ...
Volkswagen has filed a lawsuit against Indian authorities over what the brand describes as an "impossibly enormous" tax ...