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Vodafone Group Plc said on Friday it had won an international arbitration case against the Indian government.
Vodafone Group Plc said on Friday it had won an international arbitration case against the Indian government.

KONTAN.CO.ID - NEW DELHI. Vodafone Group Plc said on Friday it had won an international arbitration case against the Indian government, ending one of the most high-profile disputes in the country involving a $2 billion tax claim.

An international arbitration tribunal in The Hague ruled that India's imposition of a tax liability on Vodafone, as well as interest and penalties, were in a breach of an investment treaty agreement between India and the Netherlands, two sources with direct knowledge of the matter said.

India had claimed a total of 279 billion rupees ($3.79 billion) including about $2 billion in tax, as well as interest and penalties, one of the sources said.

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