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Hyundai Motor India Receives Rs 517.34 Cr Tax, Penalty From GST Authority
Hyundai Motor India Receives Rs 517.34 Cr Tax, Penalty From GST Authority

NDTV

time2 days ago

  • Automotive
  • NDTV

Hyundai Motor India Receives Rs 517.34 Cr Tax, Penalty From GST Authority

New Delhi: Hyundai Motor India Ltd on Tuesday said it has received a demand of Rs 517.34 crore from tax authorities, along with penalty, for alleged short payment of GST compensation cess on its certain SUV models. Also Read - SAVWIPL Recalls Kushaq, Slavia, Virtus, And Others Over Seatbelt-Related Issues The company has received an order from Commissioner (Appeals), CGST Dept, Tamil Nadu, confirming GST compensation cess demand of Rs 258.67 crore, along with penalty of Rs 258.67 crore, on the allegation of short payment of GST compensation cess on certain SUV models for the period September 2017 - March 2020, Hyundai Motor India Ltd said in a regulatory filing. Also Read - Maruti Suzuki E Vitara Could Debut On Sept 3: Design, Specs, Range, Price Reacting to the demand, a company spokesperson said, "HMIL is of the view that the amendment and the clarifications given by the Central Board of Indirect Tax and Customs (CBIC) to resolve the issue faced by the industry on this matter are in favour of the company. We are in the process of reviewing the order and will exercise the right to seek a legal remedy through an appropriate forum." The company asserted that there is no impact on its financial, operational or other activities due to the order and is reviewing the order and will exercise the right to file an appeal. Watch: Kia Carens Clavis EV Range Test | Practical Or Not?

Own a Skoda or Volkswagen? Check if your car is a part of the latest recall
Own a Skoda or Volkswagen? Check if your car is a part of the latest recall

India Today

time2 days ago

  • Automotive
  • India Today

Own a Skoda or Volkswagen? Check if your car is a part of the latest recall

Skoda Auto Volkswagen India Limited (SAVWIPL) has announced a fresh voluntary recall of 1,821 vehicles manufactured between December 1, 2021, and May 31, 2025, citing potential defects in the seatbelt latest round of recall affects 860 units of the Skoda Kushaq, Slavia, and Kylaq, along with 961 units of the Volkswagen Taigun and Virtus. According to Society of Indian Automobile Manufactures (SIAM), the issue was flagged during routine quality defect involves two specific issues: Possible cracks in the metal base frame of the rear seatbelt assembly (left and right sides).Incorrect parts installed in the front and rear seatbelt systems, which could compromise occupant no incidents or injuries have been reported so far, it is expected both companies will reach out to customers to inspect and rectify the issue free of of the affected vehicles are advised to contact authorised service centers or check the brands' official websites for more recall comes just three months after a much larger campaign in April 2025, which affected 47,235 vehicles across the same model lines. That recall addressed a potentially dangerous defect wherein, during a frontal collision, the rear seatbelt's buckle latch plate could break, and other components such as the webbing and buckles of rear seatbelts could of those previously recalled units, 25,722 were Skoda cars and 21,513 belonged to Volkswagen's portfolio. Subscribe to Auto Today Magazine- Ends

⁠Skoda Kylaq, Kushaq, Slavia, VW Taigun, Virtus recalled again for faulty seatbelts
⁠Skoda Kylaq, Kushaq, Slavia, VW Taigun, Virtus recalled again for faulty seatbelts

Hindustan Times

time2 days ago

  • Automotive
  • Hindustan Times

⁠Skoda Kylaq, Kushaq, Slavia, VW Taigun, Virtus recalled again for faulty seatbelts

The latest recall is an extension of the seatbelt recall issued in April this year, and affects 1,821 units of the Skoda-Volkswagen made-in-India cars Check Offers Skoda Auto Volkswagen India Limited (SAVWIPL) has announced a second voluntary recall for its made-in-India cars related to faulty seatbelts. The automaker has issued a recall comprising 1,821 units of the Skoda Kylaq, Kushaq, and Slavia, as well as the Volkswagen Taigun and Virtus, as per the data from the Society Of Indian Automobile Manufacturers (SIAM). The automaker had previously issued a recall for 47,235 units in April this year. Voluntary Recall Due To Faulty Seatbelt Components Skoda Auto Volkswagen India states that the voluntary recall has been made due to a defect with the rear seatbelt assembly (left and right sides), which had the metal base frame crack on 860 units of the Skoda Kylaq, Kushaq, and Slavia, as well as 961 units of the Volkswagen Taigun and Virtus. The automaker also said that an incorrect part was installed on the front and rear seatbelts of all the made-in-India cars. The affected cars were manufactured between December 1, 2021, and May 31, 2025. Also Read : Volkswagen Taigun, Virtus, and Skoda Kylaq, Slavia, Kushaq recalled for faulty seatbelts The voluntary recall was made due to a faulty rear seatbelt assembly and an incorrect part installed 'This concern was identified during the ongoing quality inspection for Skoda Kushaq, Slavia and Kylaq manufactured during the aforesaid period. 1. Rear seatbelt assembly (Left side / Right side)- Metal Base frame crack 2. Front/Rear seat belt incorrect part installed," SIAM said in its document. SAVWIPL will reach out to customers of the affected vehicles, as is the case with voluntary recalls, to replace the faulty components where necessary. Additionally, owners can log on to the Skoda and Volkswagen India recall websites and check if their vehicle is part of the recall using the car's Vehicle Identification Number (VIN). Incidentally, Volkswagen recently announced a recall in global markets for a different safety issue on vehicles such as the Polo, Passat, Taigo, ID 7, ID 7 Tourer and the ID Buzz. Notably, the recently launched full imports - Volkswagen Tiguan R Line and Golf GTI - remain unaffected by the recall in the automaker's stable. Check out Upcoming Cars in India 2025, Best SUVs in India. First Published Date: 22 Jul 2025, 12:50 pm IST

Bentley eyes higher sales in India
Bentley eyes higher sales in India

Yahoo

time08-07-2025

  • Automotive
  • Yahoo

Bentley eyes higher sales in India

VW Group luxury brand Bentley Motors has announced a strategic partnership with Škoda Auto Volkswagen India Private Limited (SAVWIPL), located at E1, MIDC Industrial Area, Phase III, Chakan, Pune, Maharashtra, India. Bentley will be integrating into SAVWIPL which is described by Bentley as 'already a strong and established entity in India'. Effective from 1 July 2025, SAVWIPL will serve as the official importer of Bentley cars in India. The operations, including sales, marketing and aftersales will be conducted by Bentley India, an operational division within SAVWIPL – which will oversee the brand's India strategy and retail network. Bentley said that with the launch of Bentley India, a new division under SAVWIPL, the brand is entering 'an exciting new phase, sharpening its focus on the Indian market'. Leading the new phase for the luxury brand in India will be Abbey Thomas, who has been appointed as Brand Director, Bentley India. Bentley India is set to appoint three dealer partners across key cities, starting with Bengaluru and Mumbai, followed by New Delhi. Bentley said the new showrooms will 'offer India's ultra-high-net-worth customers Bentley's signature combination of performance, craftsmanship, and luxury'. 'India is one of the world's most dynamic economies, and the launch of Bentley India in the country reflects Bentley's focus on growth in a market where we already have a strong and growing high-net-worth customer base,' said Richard Leopold, Regional Director, EMEA at Bentley Motors 'We're grateful to the SAVWIPL team for bringing this partnership to life.' "Bentley eyes higher sales in India" was originally created and published by Just Auto, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

Auto recap, July 7: Triumph Speed Triple 1200 RS launched, Toyota Urban Cruiser Hyryder gets Prestige Package and more
Auto recap, July 7: Triumph Speed Triple 1200 RS launched, Toyota Urban Cruiser Hyryder gets Prestige Package and more

Hindustan Times

time08-07-2025

  • Automotive
  • Hindustan Times

Auto recap, July 7: Triumph Speed Triple 1200 RS launched, Toyota Urban Cruiser Hyryder gets Prestige Package and more

The Triumph Speed Triple 1200 RS, one of Triumph's most powerful bikes, has just launched in the Indian markets. Check Offers The automotive sector is undergoing swift transformations, making it challenging to keep up with all the recent developments. At HT Auto, we are committed to providing the most pertinent and up-to-date information as it emerges. Below is a brief summary of the main highlights from Monday, July 7. 2025 Triumph Speed 1200 RS launched The 2025 Triumph Speed Triple 1200 RS has officially been introduced in India at a price of ₹ 20.39 lakh, ex-showroom. With an increase of ₹ 2.44 lakh compared to the previous model, the new motorcycle offers significant mechanical and electronic enhancements aimed at improving the riding experience. Even with the elevated price, Triumph's flagship supernaked remains more competitively priced than its main European competitors, such as the Ducati Streetfighter V4 and KTM 1390 Super Duke R. Also Read : 2025 Triumph Speed Triple 1200 RS launched in India at ₹ 20.39 lakh. Check details Toyota Urban Cruiser Hyryder gets Prestige Package The Toyota Urban Cruiser Hyryder has been introduced with the Prestige Package, which includes 10 dealer-installed and authentic accessories. These accessories consist of a door visor, hood emblem, rear door lid garnish, fender garnish, body cladding, front bumper garnish, headlamp garnish, rear bumper garnish, rear lamp garnish, and back door garnish. Also Read : Toyota Urban Cruiser Hyryder gets Prestige Package with 10 new accessories Skoda Volkswagen India to bring Bentley luxury cars to India Skoda Auto Volkswagen India Private Limited (SAVWIPL) announced on Monday the expansion of its brand portfolio with the addition of Bentley, the iconic British automobile manufacturer. Bentley now joins as the sixth marque under the Group's umbrella in India. As of this month, SAVWIPL has taken on the role of exclusive importer, distributor, and service provider for Bentley luxury vehicles in India. Previously, Bentley operated in the country through a partnership with Exclusive Motors. Furthermore, Bentley India plans to enhance its market presence by introducing three new dealer partners in major metropolitan areas, starting with Bengaluru and Mumbai, and subsequently New Delhi. These new showrooms will serve India's ultra-high-net-worth clientele, showcasing Bentley's prestigious luxury car models. Also Read : Skoda Auto Volkswagen India expands portfolio with Bentley luxury cars Get insights into Upcoming Cars In India, Electric Vehicles, Upcoming Bikes in India and cutting-edge technology transforming the automotive landscape. First Published Date: 08 Jul 2025, 08:36 AM IST

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