$1.4 bn tax demand: Prima facie dissatisfied with Skoda Volkswagen's arguments, says Bombay HC

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The Bombay High Court expressed dissatisfaction with Skoda Auto Volkswagen India's defense against a USD 1.4 billion Customs notice. The notice involves misclassification of car imports to evade higher duties. The court praised the thoroughness of the Customs officer's research and emphasized that the 2011 notification on tax categories should not be circumvented.