Volkswagen

$1.4 Bn Tax Demand On Volkswagen: Bombay HC Directs Customs To File Affidavit On Time Limitation

The Bombay High Court, on Wednesday, directed the Customs Department to submit an affidavit clarifying why its September 2024 show-cause notice—raising a $1.4 billion tax demand from Skoda Auto Volkswagen India—should not be deemed time-barred. A division bench consisting of Justices B. P. Colabawalla and Firdosh Pooniwalla has been extensively...