Indian tax authorities have sent a confidential notice to South Korean car maker Kia Motors accusing it of evading millions of dollars in taxes.The amount could be as high as $155m (£125m) and the notice was sent in April last year,

India has accused South Korea's Kia of evading taxes of $155 million by misclassifying component imports but the carmaker has denied wrongdoing, the latest fight by a foreign automaker with New Delhi over tariffs,

Several foreign companies, including Kia, Volkswagen, and Vodafone, are locked in high-stakes tax disputes with India over import duties and M&A levies, impacting investments and business operations.

The Indian government has accused South Korean automaker Kia Motors of evading taxes to the tune of $155 million. The allegations arise from the misclassification of imported components, a claim that Kia firmly denies. This dispute is the latest in a series of confrontations between foreign car manufacturers and New Delhi over tariff issues.

After Volkswagen, South Korean automaker Kia has come under Indian authority’s lens for evading taxes.As per the government, Kia has evaded $155 mill

Indian tax authorities issued a notice to Kia’s Indian unit, stating the company incorrectly declared imported parts for assembling its Carnival minivan. The notice, according to a Reuters report, alleges Kia separated shipments to reduce customs duties.

India has accused South Korea's Kia of evading taxes of $155 million by misclassifying component imports but the carmaker has denied wrongdoing, the latest fight by a foreign automaker with New Delhi over tariffs,

Kia competes with Hyundai and Maruti Suzuki in the world's third-largest auto market, where it has a share of 6% of roughly 4 million units a year, and its Kia Seltos and Sonet SUVs are among the top sellers.

South Korea's Kia has been accused by India of evading taxes amounting to $155 million through misclassification of component imports, Reuters reported on Wednesday, citing a government document and two sources.