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India, Volkswagen
VW India Accused Of $1.4 Billion Tax Evasion Over Vehicle Imports
The carmaker apparently only declared the importation of individual vehicle parts and not complete unassembled cars. VW could be hit with fines and penalties as high as 100%. Tax authorities are not happy with Volkswagen in India,
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,
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,
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
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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on MSN
In discussions with potential local partner: Skoda Auto Volkswagen India
Skoda Auto Volkswagen India on Monday said it is in discussions with a potential partner regarding possible collaboration in ...
money.rediff
1h
Skoda Auto Volkswagen India Seeks Local Partner Amidst Duty Fraud Probe
Skoda Auto Volkswagen India clarifies its search for a local partner continues despite the alleged customs duty fraud ...
1d
Weekly Business Updates: Everything from CCI probe on Google to Volkswagen tax evasion allegations
The German car giant's Indian subsidiary, Škoda car Volkswagen India Pvt Ltd (SAVIP), is being investigated for claimed $1.4 ...
2d
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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