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CKD UNITS DUTY
Quota under auto duty concessions to largely benefit traditional EU carmakers under FTAIndia and the EU have concluded a trade agreement. Mass market cars are fully protected. Import duty concessions for passenger vehicles abo...- $1.4 bn tax demand on Volkswagen: Bombay HC asks Customs to file affidavit on time limitationThe Bombay High Court has asked the Customs department to explain its $1.4 billion tax demand from Skoda Auto Volkswagen India, raising que...
- $1.4 bn tax demand: Prima facie dissatisfied with Skoda Volkswagen's arguments, says Bombay HCThe Bombay High Court expressed dissatisfaction with Skoda Auto Volkswagen India's defense against a USD 1.4 billion Customs notice. The no...
- Skoda Auto Volkswagen must fall in line and not play victim: Customs dept to Bombay HCSkoda Auto Volkswagen is involved in a $1.4 billion tax dispute over alleged customs duty fraud on importing CKD units. The company denies ...
- No halt on Skoda Auto Volkswagen consignments over Rs 11,000 crore tax demand: Customs dept to Bombay HCThe Customs Department assured the Bombay High Court that it will not detain Skoda Auto Volkswagen India's consignments amidst the $1.4 bil...
- Will Harley-Davidson roar in full range in India again on Trump's reciprocal tariffs?US President Trump's push for reciprocal tariffs may boost Harley-Davidson's presence in India. Recently, India's budget cut import duties ...
- India accuses Kia of evading taxes of $155 million in Volkswagen-like disputeIndia has accused Kia of evading $155 million in taxes by misclassifying component imports for its Carnival minivan. Kia denies the allegat...
- Bombay HC to hear Skoda Volkswagen's plea against USD 1.4 bn tax notice on Feb 17The Bombay High Court will hear Skoda Auto Volkswagen India's plea against a $1.4 billion tax demand on February 17. The company is accused...
- Skoda Auto Volkswagen India moves Bombay HC over $1.4 bn tax noticeSkoda Auto Volkswagen India has approached the Bombay High Court over a Rs 11,000 crore show cause notice from tax authorities for alleged ...
- Cooperating with authorities over show cause notice: Skoda Auto Volkswagen IndiaVolkswagen is cooperating with Indian authorities after receiving a notice for alleged customs duty fraud worth Rs 11,000 crore related to ...
- India's new EV policy not suitable for JLR at present: Tata Motors Group CFOJaguar Land Rover, Tata Motors' British arm, announced it has no immediate plans to take advantage of India's new EV policy that provides i...
- VinFast set to drive into India with locally assembled carsVinFast, the EV arm of Vietnam's biggest conglomerate Vingroup, is expected to launch its first locally assembled car during the 2025 festi...
- Volvo Cars to increase prices by up to 5%Prices will be revised for the new stock which is in the pipeline to be custom cleared as the new duty structure increase will not allow co...
- Germany may ask India for rollback of duty on CKd kits for luxury carsGermany may ask India not to impose higher import duty on completely knocked down kits of luxury cars and SUVs.
- Against lowering of customs duty on auto in FTA with EU: SIAMSIAM today said it opposes any lowering of customs duty on fully imported cars in the proposed India-EU free trade agreement.
- Tax on healthcare scrapped till GST comes into forceFinance minister Pranab Mukherjee decided to drop his budgetary proposal to levy service tax on diagnostic tests and treatment in air-condi...
- Mercedes wary of new tax proposals on CKD kitThe new tax proposals on CKD kit will have serious implication on luxury car maker Mercedes Benz which may change its strategy to counter t...
- Hopeful of finding amicable solution to new CKD definition: BMWBMW today said it is hopeful of the auto industry and the Indian government finding an amicable solution over the controversial new definit...
- SC relief to Sony India on customs dutyThe Supreme Court has held that components of colour television (CTV) imported by Sony India cannot be treated as completely knocked down u...
- Chinese cars, bikes may ride SAFTA to invade IndiaAutomobile industry has raised concerns over slash in Customs duties on imports of cars and mobikes from South Asian countries. Hyundai Gen...
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