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Quash Pernod bid to halt lawsuit against $244 mn tax demand: Govt to court

Oct 3 Mumbai court filing by India's customs authority underlines growing dispute between PM Modi's government and Pernod's local unit over how the company valued some of its imports for over a decade

Pernod Ricard
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Pernod Ricard

Reuters
Indian authorities have asked a court to quash Pernod Ricard's bid to halt proceedings related to a $244 million tax demand, accusing the French spirit giant of being a "habitual litigant" and conspiring to "defraud" the government, legal documents show.

The Oct. 3 Mumbai court filing by India's customs authority, which has not been reported previously, underlines the growing dispute between Prime Minister Narendra Modi's government and Pernod's local unit over how the company valued some of its imports for over a decade.

The customs authority says Pernod did so to evade full payment of import taxes.

The tussle comes

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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First Published: Oct 19 2022 | 11:34 AM IST

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