India has accused South Korea’s Kia of evading taxes of $155 million (Rs 1356 crore) by misclassifying component imports but ...
South Korean automaker Kia has been accused by India of $155 million tax evasion through import misclassification.
Indian authorities have accused South Korea’s automobile major Kia of evading taxes of $155 million by misclassifying imports ...
Revolution Daily on MSN22h
Volkswagen Battles Indian Government Over Massive Tax DemandVolkswagen has taken legal action against Indian authorities to challenge a massive $1.4 billion tax demand. The company argues that the tax assessment is unjustified and contradicts existing import ...
As per industry sources, the tax authorities have slapped the automaker a notice to the tune of USD 155 million for wrong ...
Press Trust of India on MSN2h
Kia India gets $155-mn notice for wrong declaration of component importsNew Delhi: Kia India has received a tax demand notice from the authorities over component imports even as the automaker has ...
Kia India has received a tax demand notice for USD 155 million over component imports for the Carnival model. The automaker denies any wrongdoing and has filed a detailed response.
A duty of 30 to 35 per cent is applicable on parts imported in CKD form in a single shipment, whereas importing them ...
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