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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”,
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
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.
Skoda Auto Volkswagen India Faces $1.4 Billion Tax Evasion Notice
The authorities claim that Volkswagen shipped car components in separate batches to avoid detection and evade higher taxes
Volkswagen's Billion-Dollar Tax Evasion Scandal in India
India has accused Volkswagen of evading $1.4 billion in taxes by misclassifying car components to attract lower import duties. The issue revolves around 'completely knocked down' units for Volkswagen's models,
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 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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MG Cyberster To Start India's Electric Journey From MG Select India
MG Select, the premium sales channel, will have its product showcase in January 2025. Of course, as we had earlier written, ...
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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 ...
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