by newsworm | Dec 10, 2024 | Automobile, Skoda, Volkswagen
New spy shots of the upcoming Skoda Klad-based Volkswagen Tera compact SUV have emerged, providing a closer look at the car’s design. The Tera is expected to be a more affordable and feature-packed alternative to the Volkswagen Nivus. The latest spy photos show... by newsworm | Dec 5, 2024 | Automobile, Skoda, Volkswagen
Skoda Auto Volkswagen India (SAVWIPL) has received a notice from the Indian tax authorities for alleged tax evasion of approximately $1.4 billion (Rs 9,500 crore). The notice is related to the company’s tax returns from 2011 to 2017. The tax department claims...
 "Volkswagen allegedly avoids paying taxes of .4 billion in India.")
by newsworm | Dec 3, 2024 | Audi, Automobile, Skoda, Volkswagen
The Indian government has issued a notice to Volkswagen, alleging that the company evaded taxes worth $1.4 billion by mis-declaring and misclassifying imports as individual parts, rather than as completely knocked-down (CKD) units. This allowed Volkswagen to pay lower...
by newsworm | Dec 3, 2024 | Audi, Automobile, Skoda, Volkswagen
Here is a summary of the content within 200 words: Indian authorities have accused the Volkswagen Group of evading taxes worth $1.4 billion (Rs 118.6 billion) through import duty manipulation. Skoda Auto Volkswagen, under the Volkswagen Group, imported components...
by newsworm | Dec 3, 2024 | Automobile, Mahindra, Skoda
The Skoda Kylaq is a new entry-level product in India, with a starting price of Rs 7.89 lakh. It competes with subcompact SUVs like Maruti Brezza, Tata Nexon, Kia Sonet, Hyundai Venue, and Mahindra XUV 3XO. The Kylaq undercuts top-spec variants of its rivals by more...
by newsworm | Dec 2, 2024 | Automobile, Skoda, Volkswagen
Skoda Auto Volkswagen India, a subsidiary of Volkswagen, has been issued a notice by the Indian government for alleged tax evasion of $1.4 billion. The company is accused of misclassifying imported car components to avoid paying higher import duties. The notice...