Tata Motors Limited may be liable for other taxes and dues aggregating INR1.208 billion as of March 31, 2008, including the following cases involving more than INR50 million:
— The municipal authorities in certain states levy octroi duty (a local indirect…
Tata Motors Limited is contesting total sales tax demands (including interest and penalty) amounting to INR3.138 billion as of March 31, 2008.
The details of the demands involving more than INR50 million are as follows:
— The sales tax authorities in certain…
Tata Motors Limited is contesting the Indian Income Tax authorities over an aggregated INR3.714 billion (INR1.540 billion, net of consequential relief) in income tax demands, as of March 31, 2008.
The tax demands are being contested by the Company on appeal…
Tata Motors Limited, as of March 31, 2008, faced pending litigations on various counts relating to Excise Duty and Service Tax involving demand of INR1.062 billion.
These demands challenged the basis of valuation of the Company’s products and denial of the…