Searched for
VOLKSWAGEN INDIA DISPUTE
Authorities allege Pernod Richard withheld Scotch composition, age in effort to pay lower tariffs under $314 mln refund caseIndian tax authorities are in a legal fight with Pernod Ricard. Investigators claim the French company hid the true value of Scotch whisky ...
India shields pre-2017 foreign investment gains from strict tax rulesThis would allay fears of retrospective taxation, a longstanding concern for global investors, and reinforce India's image as a transparent...
Trump tariffs may open new opportunities for India, says Skoda Auto Volkswagen officialSkoda Auto Volkswagen India expressed reservations about the new reciprocal tariffs imposed by the US, despite a temporary pause, suggestin...
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 slaps Samsung with tax demand of $601 million for telecom importsIndia has ordered Samsung to pay $601 million in back taxes and penalties for evading tariffs on telecom equipment imports. The company mis...
$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...
Which carmakers in India are embroiled in $6 billion of tax disputes?Carmakers in India, including Maruti Suzuki, Skoda Auto Volkswagen, Mahindra & Mahindra, Hyundai Motor, Honda Motor, and Toyota Motor, are ...
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...
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...
Adani Group appoints two top US law firms to fight SEC chargesUS law firms Kirkland & Ellis and Quinn Emanuel are representing the Adani Group against SEC and Eastern District of New York allegations i...
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...
Volkswagen to revisit India amid China geopolitical uncertaintyThe effort will mark yet another attempt by the company to break into the Indian market in a significant way. The carmaker’s earlier effort...
Changan automobile drops its India entry plan as hurdles growChangan had plans of investing over 500 million dollars in India and it had already engaged with consultancy firm EY for its India entry pl...
Global litigation financiers plan India entry to target company disputesFour of the largest global litigation funds — Australia-based Omni Bridgeway, UK-based Innsworth Capital and Profile Investment, and UAE-ba...