Volkswagen challenges $1.4 Bn tax demand in India

Exclusive: Volkswagen sues India to quash ‘enormous’ $1.4 billion tax demand, legal filing shows
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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 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.
Volkswagen sues India over $1.4B tax demand, Reuters says
Volkswagen (VWAGY) sued Indian authorities to squash an “impossibly enormous” tax demand of $1.4B, Aditya Kalra, Arpan Chaturvedi and Aditi
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
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.

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