Indian authorities investigating local unit of Mondelez International brand chocolate maker Cadbury over allegations that company may have evaded up to 2B Indian rupees in taxes

LOS ANGELES , November 22, 2012 () – Indian authorities are investigating the local unit of Mondelez International brand chocolate maker Cadbury over allegations that the company may have evaded up to 2 billion Indian rupees (US$36.3 million) in taxes, Thomson Reuters reported Nov. 22.

The investigation involves alleged evasion of cental excise duty at a company facility in the northern state of Himachal Pradesh.

In 2011, Indian authorities launched an investigation as to whether Kraft Foods Inc. needed to pay taxes over its $19 billion takeover of Cadbury. That investigation is still ongoing.

The primary source of this article is Thomson Reuters, London, England, on Nov. 22, 2012.

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