by newsworm | Feb 21, 2025 | Automobile, Skoda, Volkswagen
The Skoda Volkswagen brand has been told by the court that it cannot “play the victim card” over a tax notice issued by the Indian Central Board of Indirect Taxes and Customs (CBIC). The notice was issued in 2020, seeking to recover over Rs 3,600 crore in... by newsworm | Feb 20, 2025 | Audi, Automobile, Skoda, Volkswagen
Volkswagen is facing a significant crisis in India after being accused of evading taxes worth Rs 12,172 crore by the Maharashtra Customs department. The brand’s lawyer has labeled this situation as a “life and death” issue for the brand, sparking... by newsworm | Feb 18, 2025 | Audi, Automobile, Skoda, Volkswagen
The Bombay High Court is currently hearing a case between the Customs Department and Skoda Auto Volkswagen, a German automaker, over a $1.4 billion tax demand notice issued by the Customs Department in September 2024. The notice alleged that the company imported car... by newsworm | Feb 13, 2025 | Automobile, Volkswagen
Volkswagen India has expanded its presence in Ludhiana, Punjab, with the launch of a new sales showroom on Ferozepur Road. The new showroom is part of the brand’s plan to strengthen its presence in the region and make its premium cars more accessible to... by newsworm | Feb 12, 2025 | Automobile, General Motors, Honda, Toyota, Volkswagen
BYD, a Chinese car manufacturer, has achieved a significant milestone by leading the Chinese car market for the first time in 2024. According to Asia Nikkei, BYD sold 3.65 million vehicles in 2024, a 46% increase from the previous year. This remarkable growth puts BYD... by newsworm | Feb 10, 2025 | Automobile, Volkswagen
Volkswagen India was issued a $1.4 billion tax notice by the government in September 2024, alleging that it evaded customs duties by classifying imported auto parts as individual components rather than Completely Knocked Down (CKD) kits. The alleged evasion occurred...