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VW Delayed $1.4 Billion Tax Case: Customs
Mint Mumbai
|April 07, 2025
Customs authorities said that Skoda Auto Volkswagen India Pvt. Ltd delayed provisional tax assessments of $1.4 billion (approximately ₹11,526 crore) by not providing the required information on time.
The customs commissioner rejected the automaker's challenge to the tax notice, asserting that the delays were "solely attributable to the company and not to any inaction on the part of the authorities," according to an affidavit filed before the Bombay High Court. Mint has reviewed a copy.
Skoda Auto approached the high court on 29 January, contesting the customs department's demand for duty at the Completely Knocked Down (CKD) rates on car components imported over the past 12 years.
Denne historien er fra April 07, 2025-utgaven av Mint Mumbai.
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FLERE HISTORIER FRA Mint Mumbai
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