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India Says Cadbury Used Phantom Factory to Avoid Taxes

A…report by the country's tax authorities…accuses Cadbury's Indian unit of manipulating invoices and other documents to get a tax exemption available to companies that began production in new plants in the northern Indian state of Himachal Pradesh by March 31, 2010…"We are in the process of reviewing the contents of the show-cause notice from the Excise Department and will respond to it under legal advice," Mondelez [formerly Kraft Foods, owner of Cadbury] spokesman…said...He said the company was cooperating fully with authorities in the investigation…The tax case against Cadbury comes as India's government, under pressure to bridge a budget gap, is seeking billions of dollars from multinational companies it says haven't properly valued transactions with their Indian subsidiaries...[Refers to Shell, Vodafone]