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Volkswagen sues Indian govt over $1.4 billion tax demand
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 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 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 Challenges India’s $1.4B Tax Demand in Court
Volkswagen has filed a lawsuit against Indian authorities to contest a $1.4 billion import tax demand, calling it impossibly enormous and contradictory to New Delhis import rules. The case, filed by Skoda Auto
Volkswagen Sues India Over Rs 12,000 Crore Tax Demand
After the authorities demand for USD 1.4 Billion in due taxes, Volkswagen countersues India to quash this demand and claims lawful practices.
Volkswagen India challenges $1.4 billion tax demand in Mumbai High Court
The company confirmed to CNBC-TV18 that it is availing itself of all legal remedies in response to the Show Cause Notice, as permitted under the law.
Skoda Auto Volkswagen India moves Bombay HC over $1.4 bn tax notice
Skoda Auto Volkswagen India has approached the Bombay High Court over a Rs 11,000 crore show cause notice from tax authorities for alleged customs duty fraud. The case involves the import of cars as completely knocked down units.
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 Sues India Seeking A Removal Of ‘Impossibly Enormous’ Tax Demand Worth $1.4 Billion, Says Report
Volkswagen has reportedly sued Indian authorities seeking them to set aside the tax demand of $1.4 billion. The auto major has taken the action to qaush the ‘impossibly enormous’ tax ask, arguing that it stands contradictory to the import taxation rules of India for car 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.
Report: Volkswagen challenges $1.4 Bn tax demand in India
Volkswagen’s Indian unit, Skoda auto Volkswagen India, has filed a legal challenge against the Indian government’s $1.4 billion tax demand, calling it "Impossibly enormous" and contradictory to India's import taxation rules.
7h
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.
7h
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.
6d
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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