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India, Volkswagen
How India says Volkswagen evaded $1.4 billion in import taxes
India has alleged Volkswagen evaded $1.4 billion in taxes by "wilfully" paying lesser import duty on component imports, in one of the biggest cases of its kind in the country that adds to mounting difficulties the German automaker faces.
Explained: How Volkswagen Group Allegedly Evaded Billions In Taxes In India
The Volkswagen Group, which include the brands Volkswagen, Audi, Skoda, Porche, and Lamborghini has been accused by Indian authorities of evading $1.4 billion (Rs 118.6 billion) in taxes, which is roughly Rs 11,
Decoded: How Volkswagen Group 'evaded' paying $1.4 billion in tax in India
Volkswagen bypassed the 35 per cent duty imposed on Completely Knocked-Down (CKD) units by misclassifying components as individual parts, according to Indian tax authorities
Exclusive: Volkswagen India unit faces $1.4 billion tax evasion notice
India has issued a notice to German automaker Volkswagen for allegedly evading $1.4 billion in taxes by "wilfully" paying lesser import tax on components for its Audi, VW and Skoda cars, a document shows,
Rs 12,000 Crore Bombshell – Skoda Auto Volkswagen India Hit with Massive Tax Evasion Notice
Skoda Auto Volkswagen India Faces Rs 12,000 Crore Tax Evasion Charge; Fines Could Double to Rs 24,000 Crore with Interest
Skoda Auto Volkswagen India Seeks Local Partner Amidst Duty Fraud Probe
Skoda Auto Volkswagen India clarifies its search for a local partner continues despite the alleged customs duty fraud investigation. The company emphasizes its commitment to compliance and exploring business opportunities in India.
Volkswagen's $1.4 Billion Tax Evasion Allegation in India
India has accused Volkswagen of evading $1.4 billion in taxes by misclassifying car imports. The notice highlights that Volkswagen's India operations used logistical tactics to report car parts separately,
Volkswagen India gets $1.4 billion tax evasion notice by Centre: Report
The Centre on Friday issued a $1.4 billion ( ₹ 11,842 crore) notice to German auto giant Volkswagen for allegedly evading taxes by “wilfully” paying lesser import taxes on components for its Audi, VW and Skoda cars, Reuters reported.
Skoda Auto Volkswagen India Faces $1.4 Billion Tax Evasion Notice
Skoda Auto Volkswagen India has been issued a notice by the government over alleged tax evasion amounting to $1.4 billion. The company is accused of misclassifying imported car components to avoid paying higher import duties,
VW India Accused Of $1.4 Billion Tax Evasion Over Vehicle Imports
The carmaker apparently only declared the importation of individual vehicle parts and not complete unassembled cars. VW could be hit with fines and penalties as high as 100%. Tax authorities are not happy with Volkswagen in India,
20h
on MSN
Skoda Auto Volkswagen India looks for potential local partner amid alleged customs duty fraud
The company asserted that finding a local partner in India and the show cause notice by authorities for alleged customs duty ...
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Volkswagen: Possible billion-euro fine in India
Volkswagen is suspected of tax evasion in India. If the Group is unable to disprove this, it could face a billion-euro fine.
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Volkswagen India Faces Allegations of $1.4 Billion Tax Evasion
Volkswagen's Indian unit, Škoda Auto Volkswagen India Pvt Ltd (SAVIP), has come under the scanner for alleged tax evasion ...
devdiscourse
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Volkswagen Faces $1.4 Billion Tax Evasion Allegation in India
Volkswagen is under scrutiny in India for allegedly evading $1.4 billion in taxes by misclassifying car component imports.
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