Cadbury evaded Rs 213 cr tax in India
- The gongs of Behmai: 35 years on, will justice be served?
- Mann Ki Baat: Start-up India to crop insurance, here's all that Modi said
- J-K crisis: Mehbooba to chair PDP meet, discuss govt formation
- MCD strike: Kejriwal supports demands of protesting employees
- Fifth Column: Hope PM Modi has realised that India is not Gujarat
The government today said that Directorate General of Central Excise Investigation (DGCEI) has detected two cases of tax evasion amounting to Rs 213 crore by the different units of the confectionery major Cadbury India Ltd.
"Two cases of tax evasion by Cadbury India Limited has been detected by DGCEI during the years 2009-10 to 2012-13 (up to October 31, 2012)", Minister of State for Finance S S Palanimanickam said in a written reply in the Rajya Sabha.
The Minister said central excise duty evasion by Cadbury India, Baadi (Himachal Pradesh) involved an amount of about Rs 200 crore and was under investigation.
On service tax evasion case against Cadbury India, the Minister said it involved an amount of Rs 13.43 crore and that the case had been adjudicated and a demand of Rs 11.75 crore was confirmed along with a penalty of equal amount.
The Minister said a sum of Rs 12.08 crore tax with Rs 0.53 crore interest was realised.
When contacted Cadbury India spokesperson said, "we are fully cooperating with the authorities on this enquiry. Since the investigation currently is under way, it will be inappropriate on our part to discuss the details at this time".
- China is not India’s sibling, nor is China India’s nemesis
- Bureaucrats are an obstacle in path of ‘parivartan’, ‘vikas’
- Out of my mind: Netaji will always remain a promise never fulfilled
- Reverse Swing: A Manifesto for Middle-Eastern Migrants in Europe
- Equality before law must be accompanied by equality in social practices
- Indian policymakers underestimate problems emanating from emerging economies