HC issues notice to TN govt on Nokia petition

Tags: Nokia, News
The Madras High Court today issued a notice to the Tamil Nadu government on a petition filed by handset major Nokia, challenging the state government's notice slapping Rs 2400 crore tax dues on it.

When the matter came up before Justice B Rajendran, state Advocate General A L Somayaji opposed granting any interim order to the petitioner.

The Advocate General submitted that under Section 27(4) of the VAT, there was no need to issue prior notice to the company, an issue being raised by the petitioner.

Justice Rajendran ordered notice and adjourned the hearing to April one.

The state government had issued a Rs 2,400 crore notice to Nokia saying the company had been selling the products produced from Chennai plant to the domestic market, instead of shipping them overseas.

Nokia management had responded to the notice, saying that it was a "baseless" claim by the Sale Tax Department.

Post new comment

E-mail ID will not be published
CAPTCHA
This question is for testing whether you are a human visitor and to prevent automated spam submissions.

EDITORIAL OF THE DAY

  • FDI in insurance must be allowed with a rider to increase penetration

    The Union cabinet has cleared the proposal to raise foreign direct investment (FDI) in the insurance sector through the FIPB route from the current 26

FC NEWSLETTER

Stay informed on our latest news!

INTERVIEWS

GV Nageswara Rao

MD & CEO, IDBI Federal Life

Timothy Moe

Goldman Sachs

Chander Mohan Sethi

CMD, Reckitt Benckiser India

COLUMNIST

Varun Dutt

Which is safer? Flying or driving?

The recent tragedies involving the Taiwan’s TransAsia Airways flight, and ...

Parvez Imam

Revisiting history can do us all good

We often think that we understand history. We read it ...

Bubbles Sabharwal

Your happiness doesn’t depend on your needs

They are two different words (and even worlds) altogether: having ...

INTERVIEWS

William D. Green

Chairman & CEO, Accenture