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India and Volkswagen Clash in Court Over $1.2 Billion Tax Dispute

By Uniquetimesorg October 29, 2026 0

India and German automaker Volkswagen clashed in a Mumbai court on Thursday over a record $1.2 billion tax demand linked to alleged undervaluation of vehicle imports. Indian authorities claim the company paid lower import duties by declaring shipments as individual car parts rather than importing nearly complete vehicles in unassembled form. Volkswagen denies the Continue Reading

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India Customs Probe Diverts Niger Soybeans to Asian Markets at Steep Discounts

By Uniquetimesorg October 15, 2026 0

Around 11,000 metric tons of soybeans originally bound for India have been diverted to Vietnam, Indonesia and Bangladesh amid increased customs scrutiny over suspected import duty evasion, according to trade sources cited by Reuters. The shipments were reportedly sold for $470 to $510 per ton, significantly below the more than $650 per ton agreed with […]Continue Reading

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India Investigates LG, Samsung Over Tariffs on OLED TV Parts

By Uniquetimesorg September 23, 2026 0

India is investigating LG Electronics and Samsung over the import duties paid on display components used in OLED televisions, according to sources cited by Reuters. Indian authorities reportedly argue that the 5% concessional tariff applies to older LCD and LED technologies, while OLED components should attract a 15% duty. The Directorate of Revenue Intelligence has […]Continue Reading

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JLR India Slashing Range Rover Prices Following India–UK FTA

By Uniquetimesorg May 5, 2026 0

Jaguar Land Rover (JLR) India has announced a massive price reduction for its top-tier, UK-imported models, the Range Rover SV and Range Rover Sport SV. Following the implementation of the India–UK Free Trade Agreement (FTA), the flagship Range Rover SV has seen a price cut of ₹75 lakh, dropping from ₹4.25 crore to ₹3.5 crore […]Continue Reading