Tag Archives: tax evasion

Centre Sends $1.4 Billion Tax Evasion Notice to Volkswagen India Over Import Misclassification : Report

Volkswagen India Faces $1.4 Billion Tax Evasion Notice from Centre

Volkswagen India is under investigation for allegedly evading taxes worth $1.4 billion (₹11,842 crore), as the Centre issued a show-cause notice for the alleged misclassification of imports to avoid higher import duties. According to a report by Reuters, the notice was issued on Friday, alleging that Volkswagen's India unit, Skoda Auto Volkswagen India, had been mis-declaring and mis-classifying parts of its cars, including luxury models like Audi A4, Q5, Skoda Superb, and Tiguan SUV, to evade tax payments.

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