TaxTMI Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All News
of of All News
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>Customs Won't Halt Skoda Auto Volkswagen India's Shipments Amid $1.4B Tax Dispute Over Import Classification</h1> The customs department informed the Bombay High Court that it will not halt Skoda Auto Volkswagen India's consignments despite a USD 1.4 billion tax demand notice issued in September 2024. The notice accuses the company of importing car parts as individual units instead of 'completely knocked down' (CKD) units, which incur higher duties. Skoda Auto Volkswagen challenged the notice, arguing it is arbitrary since the company has been importing parts since 2001 without issue. The court will continue hearings on February 20, with the company seeking to quash the notice, claiming it misclassifies their imports.
TaxTMI 