Tag: tax demand
Bombay High Court Challenges Skoda Volkswagen Over $1.4 Billion Tax Controversy
Posted by Cassius Montgomery in Business
19Mar
The Bombay High Court voiced concerns over Skoda Auto Volkswagen India's handling of a $1.4 billion tax demand linked to misclassified car imports. The crux of the matter revolves around whether the company improperly categorized unassembled car parts to benefit from lower import duties, stirring a debate on tax law compliance.
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