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CVC probes Rs 580 cr alleged excise duty evasion by Cadbury

CVC probes Rs 580 cr alleged excise duty evasion by Cadbury

In the second major case involving a foreign company under its probe, the Central Vigilance Commission (CVC) is investigating alleged excise duty evasion to the tune of about Rs 580 crore by confectionery giant Mondelez, maker of Cadbury chocolates.

Taxman demands $88 mn from Cadbury in tax dispute

But it has also vowed to step back from what critics call "tax terrorism" after high profile cases, such as bumper claims against Vodafone Group Plc, threatened to tarnish its reputation.

Over Rs 570 cr excise duty evasion demand against Cadbury

After completion of its investigation, the DGCEI had slapped a show-cause notice to the firm demanding about Rs 250 crore against excise duty evasion, they said.

Cadbury India changes name to Mondelez India Foods Ltd

Cadbury India, a subsidiary of Mondelez International, Monday changed its name to Mondelez India Foods Limited.

Fin Min moves to recover IT exemption availed by Cadbury

Sources said on top of the excise duty exemption, Cadbury is alleged to have wrongly claimed income tax exemption on profit earned through its production unit.

Rs 252 crore excise duty evasion notice to Cadbury

During its investigation, the officials found that the company claimed excise duty exemption for its new unit in Sandoli village in Baddi, relating to a period even before it came into existence, the sources said.

Nestle wins trademark battle against Cadbury over kitkat bar’s shape

Nestle has won a trademark lawsuit against Cadbury over their rights to KitKat chocolate bar’s four-fingered and three-dimensional shape.

Cadbury India under probe for Rs 213 cr tax evasion

The government Thursday 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.

Cadbury under lens for Rs 100 cr alleged excise duty evasion

Confectionery firm Cadbury India Limited has come under the scanner of financial intelligence sleuths for alleged excise duty evasion of about Rs 100 crore.