Sunday, February 2, 2025

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. Authorities allege the company imported cars in unassembled parts to evade higher duties. The court hearing is set for February 5.

from Auto-Industry-Economic Times https://ift.tt/PrZtkzW

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