Exclusive-Volkswagen India unit faces $1.4 billion tax evasion notice

Exclusive-Volkswagen India unit faces $1.4 billion tax evasion notice

India has accused Volkswagen of evading $1.4 billion in taxes by misclassifying imports. The notice alleges Volkswagen paid lower import taxes on car components, evading higher levies. Volkswagen's India unit is under investigation, but the company denies any wrongdoing.

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