India’s government has told a court in Mumbai that agreeing to Volkswagen’s demand to quash a $1.4 billion tax bill would have “catastrophic consequences” and encourage companies to withhold information and delay inquiries, court documents show. India’s highest-ever demand for back taxes related to import duties came after scrutiny of 12 years of Volkswagen shipments […]
Tax department accuses Volkswagen of playing the victim card in Bombay High Court – CNBC TV18
The tax department has accused Volkswagen of playing the victim card in its ongoing $1.4 billion tax case before the Bombay High Court. The case, which entered its second day of arguments on Thursday, revolves around a significant tax demand of ₹12,000 crore levied against the automaker. Volkswagen has strongly contested the tax notice, arguing that […]