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VOLKSWAGEN IMPORT TAX
India, Volkswagen clash in court over record $1.2 billion tax disputeIndia defended its record $1.2 billion tax demand against Volkswagen in a Mumbai court on Thursday, saying the German company never provide...- India's Scotch probe of Diageo, Pernod undermining India-UK pact benefits, trade group saysThe British government said "iconic UK products" like whiskies would benefit from the pact. Indian investigators, however, have privately t...
- India probing Pernod, Diageo Scotch imports under India-UK trade pact, sources sayIndian tax officials are investigating Pernod Ricard and Diageo for how they classified bulk Scotch imports. These companies may have impro...
- JSW wants Volkswagen to bear $1.4 billion India tax bill in JV dealIn a push for collaboration, JSW Group is insisting that Volkswagen AG take on a significant tax liability that is still unresolved in Indi...
- India probes LG, Samsung over alleged tariff evasion on imported OLED TV partsIndia is investigating LG Electronics and Samsung for allegedly paying lower tariffs on imported display parts of high-end TVs, five source...
- JSW, Skoda-Volkswagen India stitch up 51:49 JV plan; sign non-binding MoU, begin exclusive valuation talksJSW Group and Volkswagen have signed a non-binding MoU for a new alliance. This partnership aims to strengthen competitiveness through expa...
- Tata-owned JLR to cut 4,000 jobs in the UK amid sales and tariff pressuresTata-owned Jaguar Land Rover plans to cut about 4,000 UK jobs over two years as it targets £1.7 billion in savings. The move comes as JLR b...
- India court to re-hear Volkswagen's challenge to $1.4 billion tax demand, sources sayAn Indian court will re-hear Volkswagen's challenge to a significant tax demand. This decision comes more than a year after arguments in th...
- Global Market: Porsche stock falls as MHP sale, weak revenue keep investors on edgePorsche shares faced pressure as investors assessed its €320 million MHP sale to TCS and a €1.25 billion technology partnership. The deal s...
- From Samsung to BYD: Foreign companies and their tax tussles with IndiaForeign companies in India face significant tax disputes, including Samsung's $601 million penalty for tariff evasion, Volkswagen’s $1.4 bi...
- India hunts for back taxes as world grapples with tariffsPresident Trump plans new tariffs on cars, aluminum, and pharmaceuticals. India pursues foreign companies like Samsung and Volkswagen for b...
- India says quashing Volkswagen's $1.4 billion tax bill would be 'catastrophic'India's government has opposed Volkswagen's plea to annul a $1.4 billion tax bill, asserting it could lead to companies withholding informa...
- $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...
- India singles out VW in $1.4 billion tax dispute, says Kia corrected courseIndian tax authorities have accused Volkswagen of evading $1.4 billion in taxes by misclassifying car imports for 12 years. The court battl...
- 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...
- Volkswagen's $1.4 billion India tax tussle rekindles foreign investor fearsIndia's tax demand of $1.4 billion from Volkswagen, following 12 years of investigation, raises concerns for foreign investors in India. De...
- How Volkswagen bumped into a $1.4 billion problem in IndiaVolkswagen is facing a $1.4 bn tax dispute with the Indian government over alleged import tax evasion for its car parts. The company claims...
- Volkswagen sues India to quash 'enormous' $1.4 bn tax demand, legal filing showsVolkswagen has challenged a $1.4 billion tax demand by Indian authorities, arguing it contradicts New Delhi's car part import taxation rule...
- Volkswagen India unit faces $1.4 billion tax evasion noticeIndia has accused Volkswagen of evading $1.4 bn in taxes by misclassifying car component imports as individual parts. This allowed Volkswag...
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