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Current Position:Home » News » Processed Foods » Confectionary » Topic

Mondelez in fresh tax evasion probe in India

Zoom in font  Zoom out font Published: 2012-11-26  Origin: confectionerynews.com  Authour: Oliver Nieburg+   Views: 25
Core Tip: Mondelez International subsidiary Cadbury India is under investigation for alleged evasion of excise duties by authorities in India.
CadburyIndia’s Department of Excise is investigating whether Cadbury unlawfully claimed tax exemptions when it established its factory in Himachal Pradesh.

Mondelez International, which spun-off from Kraft Foods in October, is already under investigation for its tax bills when it acquired Cadbury’s Indian subsidiary in February 2010.


 
 
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