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Volkswagen sues Indian govt over $1.4 billion tax demand
Exclusive: Volkswagen sues India to quash ‘enormous’ $1.4 billion tax demand, legal filing shows
SoftBank is in talks to invest up to $25 billion in ChatGPT owner OpenAI, according to a person familiar with the matter, as the Japanese conglomerate continues to expand into the sector.
Volkswagen Sues Indian Authorities Over $1.4 Billion Tax Dispute: Report
The Indian government had issued a tax evasion notice to Volkswagen Group in September 2024 for implementation of a strategy to pay lower import duty.
Volkswagen Sues India Over Tax Demand: What Is the German Auto Giant Accused Of?
Volkswagen argues that the tax evasion notice it received in September last year has dealt a blow to the Modi government’s "Ease of Doing Business" campaign
Skoda Auto Volkswagen India moves Bombay HC over $1.4 bn tax notice
Skoda Auto Volkswagen India has approached the Bombay High Court over a Rs 11,000 crore show cause notice from tax authorities for alleged customs duty fraud. The case involves the import of cars as completely knocked down units.
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’ $1.4bn tax demand
NEW DELHI: Volkswagen has sued Indian authorities to quash an “impossibly enormous” tax demand of $1.4 billion, arguing the ask is contradictory to New Delhi’s import taxation rules for car parts and will hamper the company’s business plans, court papers show.
Volkswagen Challenges India’s $1.4B Tax Demand in Court
Volkswagen has filed a lawsuit against Indian authorities to contest a $1.4 billion import tax demand, calling it impossibly enormous and contradictory to New Delhis import rules. The case, filed by Skoda Auto
Report: Volkswagen challenges $1.4 Bn tax demand in India
Volkswagen’s Indian unit, Skoda auto Volkswagen India, has filed a legal challenge against the Indian government’s $1.4 billion tax demand, calling it "Impossibly enormous" and contradictory to India's import taxation rules.
Volkswagen sues Indian tax authorities over $1.4 billion demand: What's the case about?
Volkswagen's unit, Skoda Auto Volkswagen India, also told the court that the tax dispute puts at risk its investments of $1.5 billion in India.
Volkswagen unit sues Indian government over $1.4B tax bill: report
Volkswagen’s unit in India has sued tax authorities in India over an “impossibly enormous” $1.4B tax bill, Reuters reported Sunday, citing court documents. The report said that Skoda Auto Volkswagen India told the High Court in Mumbai the bill contradicts the country’s import taxation rules for auto parts and will affect its business plans.
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Volkswagen hits back: Challenges Indian govt notice
In November 2024, the Volkswagen Group was slapped with a notice for evading a tax worth humongous $1.4 billion (approx. Rs ...
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Volkswagen's Legal Battle: Alleged Customs Fraud Sparks Rs 11,000 Crore Dispute
Skoda Auto Volkswagen India is embroiled in a legal tussle with tax authorities over a staggering Rs 11,000 crore customs duty fraud allegation. The company, facing a massive show cause notice for ...
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