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VW Sues India to Quash $1.4 BN Tax Demand
Hindustan Times Navi Mumbai
|February 03, 2025
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.
NEW DELHI:
Volkswagen's unit, Skoda Auto Volkswagen India, also told the High Court in Mumbai the tax dispute puts at risk its investments of $1.5 billion in India, and is detrimental to the foreign investment climate, according to the 105-page filing which is not public but was reviewed by Reuters.
Denne historien er fra February 03, 2025-utgaven av Hindustan Times Navi Mumbai.
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Hindustan Times Navi Mumbai
Can Swiatek find her feet on red clay again?
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Hindustan Times Navi Mumbai
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Hindustan Times Navi Mumbai
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Hindustan Times Navi Mumbai
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2 mins
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Hindustan Times Navi Mumbai
Trump: 5,000 more troops for Poland
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Hindustan Times Navi Mumbai
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4 mins
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Hindustan Times Navi Mumbai
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1 min
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Hindustan Times Navi Mumbai
Reel to real challenges for Tamil Nadu CM Vijay
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2 mins
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Hindustan Times Navi Mumbai
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1 min
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Hindustan Times Navi Mumbai
3rd subject expert held, CBI says NEET physics Qs leaked
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1 min
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