India: Skoda Auto directed by the SC to deposit Rs300m

The Supreme Court of India has upheld the Customs, Excise and Service Tax Appellate Tribunal's (CESTAT's) direction to Skoda Auto India to deposit Rs300m (US$6.75m) in a dispute over duty of Rs1.94bn by the customs department. According to a report carried by the Press Trust of India, the customs department had Subscribe to Automotive World … Continued

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• May 4, 2011