Volkswagen Group claims a $1.4 billion tax dispute with Indian Customs threatens its operations. The Bombay High Court reviews arguments over misclassification of imports, with hearings set to continue.
The Bombay High Court will hear Skoda Auto Volkswagen India’s petition against a $1.4 billion tax demand from Indian customs on February 17. The authorities accuse the company of misclassifying imports to pay lower duties. The outcome could significantly impact Volkswagen’s operations in India, which have expanded through major investments and structural changes.