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 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 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.
Tariff-Hit Volkswagen (VWAGY) Slams “Impossibly Enormous” India Tax Bill
Volkswagen (VWAGY) shares skidded lower as the U.S. slapped tariffs on trading partners, but there are perhaps more pressing import tax matters
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
After the authorities demand for USD 1.4 Billion in due taxes, Volkswagen countersues India to quash this demand and claims lawful practices.
Skoda Auto Volkswagen India Challenges USD 1.4 Billion Tax Notice
Skoda Auto Volkswagen India has challenged a Rs 11,000 crore (USD 1.4 billion) tax notice alleging customs duty fraud related to CKD car imports. The company is seeking legal remedies and maintains compliance with regulations.
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.
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
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.
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.
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 ...
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 ...