Volkswagen sues Indian govt over $1.4 billion tax demand
Volkswagen sues India to quash ‘enormous’ $1.4bn tax demand
NEW DELHI: Volkswagen has sued Indian authorities to quash an “impossibly enormous” tax demand of $1.4 billion, arguing the ask is contradictory to New Delhi’s import taxation rules for car parts and will hamper the company’s business plans, court papers show.
Volkswagen sues Modi government over 'impossibly enormous' $1.4B tax demand
Volkswagen has sued the Indian government over a tax demand of $1.4 billion, which it considers "impossibly enormous." The German automaker contends that the demand goes against India's import taxation rules on car parts and may even jeopardize its business.
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