Volkswagen challenges $1.4 Bn tax demand in India

Volkswagen is facing a $1.4 billion tax dispute with the Indian government over alleged import tax evasion for its car parts.
A duty of 30 to 35 per cent is applicable on parts imported in CKD form in a single shipment, whereas importing them ...
Some air shipments of car components by Volkswagen India were briefly held up by custom authorities in Mumbai due to a $1.4 ...