It alleges that Kia imported some electronic parts but "wrongly" claimed benefits of lower duties which did not apply to those components under India's free trade agreements with Korea and ASEAN ...
NEW DELHI, Feb 5 (Reuters) - 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 ...
Kia India introduces the new Kia Syros SUV, priced at 8.99 lacs. It blends advanced technology, premium comfort, and a bold ...
Tax investigations in India can drag on for years and are often a sore point for foreign companies. Kia is separately fighting a $155 million tax evasion notice, and Volkswagen has sued New Delhi ...
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.
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