October 7, 2008

TATA MOTORS: Cases on Excise Duty and Service Tax Still Ongoing

COMPANIES: Tata Motors Ltd fka Tata Engineering Locomotive Co Ltd
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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…

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