Cadbury accused of evading taxes in India


MUMBAI: Indian tax authorities have accused the local unit of chocolate giant Cadbury of evading US$46mil in taxes by pretending to produce sweets at a factory that did not exist, a report said.

Cadbury India manipulated invoices and other documents to get a tax exemption for companies that began production in new plants in the northern state of Himachal Pradesh by March 31, 2010, the Wall Street Journal reported.

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Business , Business , cadbury , chocolate , tax

   

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