India challenges Vodafone retrospective tax case verdict in Singapore tribunal

The Indian government has challenged the verdict delivered in the Vodafone retrospective taxation case by the Singapore seat of Permanent Court of Arbitration of The Hague, sources in the know of the development told The Indian Express.

The decision to file the appeal in a court in Singapore was taken after “top ranking” officials met with officials from the Department of Telecommunication (DoT) and Ministry of Finance, and instructed them not to wait on the issue, one of the sources said.

The sources, however, did not specify as to when the challenge was filed. Beginning September 25, when the verdict was delivered, India had 90 days or till Thursday, December 24, to file the appeal.