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India, Volkswagen
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,
Volkswagen India unit gets $1.4 billion notice for alleged misreporting of import tax: Report
The imports were made by Volkswagen’s local unit, Skoda Auto Volkswagen India, for models like the Skoda Superb and Kodiaq, Audi A4 and Q5, and the VW Tiguan SUV. Volkswagen allegedly misclassified and mis-declared these imports as “individual parts”,
Skoda Auto Volkswagen India Assures Full Cooperation Amid $1.4 Billion Tax Evasion Notice
Skoda Auto Volkswagen India has clarified its stance on the 12,000 crore tax evasion notice. The carmaker commits to offer support to authorities.
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 ‘Msclassified Imports’; Faces $1.4 Bn Tax Evasion Notice
India has issued a $1.4 billion tax evasion notice to Volkswagen, accusing the company of misclassifying imports to avoid higher taxes on components for Audi, VW, and Skoda cars. The automaker faces potential penalties that could double the amount owed.
Cooperating with authorities over show cause notice: Skoda Auto Volkswagen India
Volkswagen is cooperating with Indian authorities after receiving a notice for alleged customs duty fraud worth Rs 11,000 crore related to completely knocked down (CKD) car imports. The allegations involve the method of importing car parts into India.
Volkswagen India faces $1.4 billion fine for dodging tax
Imports were made by VW India, Skoda India, for its models including the Skoda Superb and Kodiaq, luxury cars like the Audi A4 and Q5, and VW's Tiguan SUV.
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.
Volkswagen India unit faces $1.4 billion tax evasion notice: Report
Different shipment consignments were used to evade detection and "willfully evade payment" of higher taxes, the Indian investigation found
Willfully paid lower import tax? MASSIVE Rs 11,000 crore evasion notice to Volkswagen India - Company responds
Volkswagen has received a warning from Indian authorities accusing it of dodging $1.4 billion in taxes by "wilfully" paying cheaper import charges on components for its Audi, VW, and Skoda vehicles.
Skoda Auto Volkswagen India faces USD 1.4 billion tax evasion notice: Report
The Indian government has issued a notice to Skoda Auto Volkswagen India for allegedly evading USD 1.4 billion in taxes by “wilfully” paying lesser import tax on parts for Skoda, VW and Audi cars, reveals a document,
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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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