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 ...
Porsche overhauls line-up to bring back combustion engines
Porsche’s deliveries last year dropped 3 per cent compared with 2023, with its push into the fast-growing market for electric vehicles in China misfiring. The group’s Chinese sales slumped 28 per cent ...
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Peter Kwee has been in the legal limelight this week. Who is he?
MOTORING tycoon Peter Kwee has been making the headlines this week. Here are four things to know about him: Read more at The ...
Tax evasion notices to Volkswagen, Kia for misclassifying imported parts
A duty of 30 to 35 per cent is applicable on parts imported in CKD form in a single shipment, whereas importing them ...