Kia, India

Carmaker Kia becomes latest global firm to face tax trouble in India
Indian tax authorities have sent a confidential notice to South Korean car maker Kia Motors accusing it of evading millions of dollars in taxes. The amount could be as high as $155m (£125m) and the notice was sent in April last year, according to Reuters.
India Accuses Kia Of Evading Taxes Of $155 Million, Carmaker Denies Charge: Report
India has accused South Korean carmaker, Kia of evading taxes of $155 million by missclassifying component imports, reported Reuters quoting a document and two sources. The latest conflict comes in a series of such rifts between a foreign automaker with New Delhi over tariffs.
Kia India accused of evading taxes worth over Rs 1,300 crore
India has accused South Korea’s Kia of evading taxes of $155 million (Rs 1356 crore) by misclassifying component imports but the carmaker has denied wrongdoing, the latest fight by a foreign automaker with New Delhi over tariffs, according to a document and two sources.
Kia India gets $155-million tax demand notice over component imports
As per industry sources, the tax authorities have slapped the automaker a notice to the tune of USD 155 million for wrong declaration of imports of components for the assembly of its premium model Carnival.
Exclusive-India accuses Kia of evading taxes of $155 million in VW-like dispute
India has accused South Korea's Kia of evading taxes of $155 million by misclassifying component imports but the carmaker has denied wrongdoing, the latest fight by a foreign automaker with New Delhi over tariffs,
Kia India accused of USD 155 million tax evasion
The Indian government has accused Kia Motors India of evading USD 155 million in taxes by misclassifying vehicle component imports, according to a Reuters report based on a document and two sources. The persons in the know told the news agency that this is very similar to the Volkswagen case,
Kia accused by India of tax evasion, denies allegations, Reuters reports
South Korea's Kia has been accused by India of evading taxes amounting to $155 million through misclassification of component imports, Reuters reported on Wednesday, citing a government document and two sources.
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autoevolution2d
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