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Kia, India
Kia contests $14 million India tax demand for wrongly using trade treaty exemptions
Kia on Friday said it is contesting an Indian tax demand of $14 million for wrongly using free trade agreements to claim lower tariffs on some electronic car part imports, the latest tax tussle between the South Korean automaker and New Delhi.
Kia contests $14 million Indian tax demand over import tariffs
South Korean automaker, Kia, is disputing a $14 million tax demand from Indian authorities, the company revealed on Friday. The tax demand alleges that Kia wrongly claimed lower tariffs on certain electronic car part imports,
Carmaker Kia becomes latest global firm to face tax trouble in India
Kia India told the BBC it has already filed a "detailed response supported by comprehensive evidence and documentation" to the tax claim, issued by a customs commissioner in the city of Chennai. It did not provide further details.
Kia challenges $14 million tax demand by India over trade treaty benefits
The 101-page, July 2023 tax notice alleges the company used incorrect tax declarations for imports such as engine and door control units between 2019 and 2022
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 gets USD 155-million tax demand notice over component imports
Kia India has received a tax demand notice from the authorities over component imports even as the automaker has denied any wrongdoing noting that it has filed a "detailed response" regarding the matt
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,
2d
on MSN
Sedans Aren’t Dead Yet As Kia’s Affordable K4 Outsells The Rest Of Its Lineup
Kia buyers have heeded the call to reject modernity and embrace tradition. That’s why the Korean automaker’s little K4 sedan ...
1h
Volkswagen, Kia under scanner for mis-declaration
Revenue officials investigate Volkswagen and Kia for alleged customs duty evasion by importing car parts as components ...
2d
‘Are you serious?’: Kia driver installs Progressive Snapshot in her car. There’s just one problem
Specifically, several insurers have rolled out programs in which drivers can volunteer to have their driving monitored to ...
5h
Next-Gen Kia Seltos Spotted Testing With New Bold Design
Next-Gen Kia Seltos gets a new design [Image Source- Youtube (Healer TV)] Kia is working on the development of the ...
1d
Kia issues recall of hybrid and electric SUVs over airbag issues
Kia has issued a recall for certain models of its Niro compact SUVs due to wiring issues that can unintentionally set off ...
Top Gear Philippines
4h
First drive: The 2025 Kia Sorento has a very solid USP to stand out in its segment
It’s set on a body that’s equal parts sporty and suave, with cheeky Beyblade-spoke wheels that simply scream “turbo!” Where ...
2d
Exclusive: India accuses Kia of evading taxes of $155 mln 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 ...
Darkhorse Press
6d
Three Teens and 18-Year-Old Arrested After Stolen Car Found At Ridgeland Hotel
After a brief foot chase, all four individuals were taken into custody. Three of the individuals were juveniles from Jackson.
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