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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.
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 sues India over $1.4bn tax demand
The dispute, which involves the importation of car parts, could impact the company's business plans and investment in India.
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.
Tariff-Hit Volkswagen (VWAGY) Slams “Impossibly Enormous” India Tax Bill
Volkswagen (VWAGY) shares skidded lower as the U.S. slapped tariffs on trading partners, but there are perhaps more pressing import tax matters
Volkswagen sues India over $1.4 billion tax demand, says investment in jeopardy
Volkswagen has challenged India's $1.4 billion tax demand, citing risks to its investment and the country's foreign investor climate.
Volkswagen sues India to quash $1.4 billion tax notice
Volkswagen has sued Indian authorities to quash a tax demand of $1.4 billion.According to a media report, Skoda Auto Volkswagen India told the Bombay High Court that the tax demand is not only contradictory
Volkswagen Sues India Over Rs 12,000 Crore Tax Demand
After the authorities demand for USD 1.4 Billion in due taxes, Volkswagen countersues India to quash this demand and claims lawful practices.
Volkswagen sues India to quash 'enormous' $1.4 bn tax demand, legal filing shows
Volkswagen has challenged a $1.4 billion tax demand by Indian authorities, arguing it contradicts New Delhi's car part import taxation rules. The dispute jeopardizes Volkswagen's $1.5 billion investments in India.
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.
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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.
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on MSN
Volkswagen India faced customs clearance delays over alleged tax evasion case, sources say
Some air shipments of car components by Volkswagen India were briefly held up by custom authorities in Mumbai due to a $1.4 ...
Hosted on MSN
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Volkswagen tax dispute India: German car maker risks $2.8 b penalty by challenging $1.4 bn demand - Here's why
Volkswagen has filed a lawsuit against Indian authorities, challenging a massive $1.4 billion tax demand. The company argues ...
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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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