How Volkswagen Group Allegedly Evaded Billions In Taxes In India

December 2, 2024 admin

New Delhi: The Volkswagen Group, which include the brands Volkswagen, Audi, Skoda, Porche, and Lamborghini has been accused by Indian authorities of evading $1.4 billion (Rs 118.6 billion) in taxes, which is roughly Rs 11,865 crore. The companies within the Volkswagen Group accused of import duty manipulation include the Indian unit Skoda Auto Volkswagen and…

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Volkswagen India Unit Faces $1.4 Billion Tax Evasion Notice

November 29, 2024 admin

Volkswagen is a tiny player overall in India’s 4 million units a year car market. New Delhi: India has issued a notice to German automaker Volkswagen for allegedly evading $1.4 billion in taxes by “wilfully” paying lesser import tax on components for its Audi, VW and Skoda cars, a document shows, in what is one…

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