India tax evasion notice

Volkswagen India ‘Msclassified Imports’; Faces $1.4 Bn Tax Evasion Notice

India has issued a notice to German automaker Volkswagen, accusing it of evading $1.4 billion in taxes by misclassifying components for its Audi, VW, and Skoda cars. This marks one of the largest such tax demands in the country’s history. Alleged Tax Evasion Scheme According to the notice, Volkswagen imported...