💨 Abstract

Carmakers in India, including Maruti Suzuki, Skoda Auto Volkswagen India, Mahindra & Mahindra, Hyundai Motor India, Honda Motor, and Toyota Motor Corp, are embroiled in tax disputes worth $6 billion with the income tax, customs, and excise departments. These disputes span years and have resulted in demands totaling billions of dollars, with Maruti Suzuki disputing $2.4

Courtesy: theprint.in

Summarized by Einstein Beta 🤖