Nokia – not going down without a fight

Nokia’s efforts to solve the ongoing tax dispute in India have fallen short. The Finns however are not backing down and have now filed a writ for the Madras High Court.
Nokia’s ongoing tax dispute in India just took another turn and the Finns are fighting back. Below follows Nokia’s complete release regarding the recently filed writ:

Nokia has today filed a writ to the Madras High Court to contest a claim from the Tamil Nadu tax department, which has moved to assess sales tax on the export of devices from the company’s Chennai facility.

Nokia considers the claim to be completely without merit and counter to domestic tax laws. In India, exports are by law exempt from tax, and Nokia has proved consistently that devices produced at Chennai are exported abroad. Indeed, the company has been regularly assessed and audited by the tax authorities since 2006 without incident, and it has also won numerous export awards from governmental organisations.

It is absurd that the Tamil Nadu tax authority is now claiming that devices made in Chennai were not exported and were instead sold domestically in India. We contend that this allegation has no basis in reality whatsoever; it could easily be rebuffed by a check of documentation provided to various governmental departments including Customs.

Read more: http://evertiq.com/news/34029

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