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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
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 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 moves Bombay High Court against Rs 11000 crore tax demand raised by Indian authorities
The auto company, an arm of German car maker Volkswagen, has filed the case seeking to quash the 'impossibly enormous' tax claim
Volkswagen Sues India Seeking A Removal Of ‘Impossibly Enormous’ Tax Demand Worth $1.4 Billion, Says Report
Citing legal filings, the report revealed that the auto major’s unit, Skoda Auto Volkswagen India told the Mumbai HC that the tax conflict puts its investments worth $1.5 billion in India at risk.
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.
Volkswagen Sues India Over Rs 12,000 Crore Tax Demand
The recent developments are in light of India's Finance Ministry and Customs officials placing a USD 1.4 Billion (Rs 12k Cr) tax demand on Volkswagen Group's Indian operation under Pvt Ltd. The allegation against Volkswagen was that the company used unlawful practices to cut down on import taxes.
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 sues India to quash 'enormous' USD 1.4 bn tax demand, legal filing shows
Volkswagen has challenged a USD 1.4 billion tax demand by Indian authorities, arguing it contradicts New Delhi's car part import taxation rules. The dispute jeopardizes Volkswagen's USD 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.
Volkswagen sues Indian authorities for USD 1.4 billion tax notice: Report
Volkswagen has sued the Indian authorities to quash the USD 1.4 billion (over Rs 12,000 crore) tax demand, according to a Reuters report. Volkswagen’s India unit, Skoda Auto Volkswagen India Pvt Ltd has also told the Mumbai High Court that the said tax dispute puts at risk the group’s investments of USD 1.
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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 ...
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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.
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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