|Chennai||Rs. 28730.00 (1.13%)|
|Mumbai||Rs. 29740.00 (-0.13%)|
|Delhi||Rs. 29200.00 (0%)|
|Kolkata||Rs. 29350.00 (0%)|
|Kerala||Rs. 28000.00 (0%)|
|Bangalore||Rs. 28400.00 (0%)|
|Hyderabad||Rs. 28470.00 (-0.11%)|
India is investigating Cadbury's local unit for possible tax evasion, a junior finance minister said on Thursday, in a probe involving about 2 billion rupees ($36.29 million).
"Two cases of tax evasion by Cadbury India Limited has been detected by the Directorate General of Central Excise Intelligence during the years 2009-10 to 2012-13, up to 31st October, 2012," S.S. Palanimanickam told parliament in a written reply.
The latest of the two cases involves central excise duty, the minister said.
Cadbury's India unit is controlled by Mondelez International Inc. A Cadbury spokesman could not immediately be reached for comment.