News

Seven Samsung India executives have asked a court to revoke penalties of $81 million included in New Delhi's $601-million tax ...
It remains unclear whether the Samsung employees are individually contesting the penalties. The tax demand represents ... of $955 million for Samsung in India, where it is one of the largest ...
Consumer electronic major Samsung India has moved the Customs Excise & Service Tax Appellate Tribunal (CESTAT), challenging a penalty amount of more than half a billion dollars imposed on it by ...
New Delhi: Samsung has asked an Indian tribunal to quash a $520 million tax demand for allegedly misclassifying imports of networking gear, arguing officials were aware of the practice as India's ...
Consumer electronics giant Samsung India has approached the Customs Excise & Service Tax Appellate Tribunal (CESTAT) to contest a penalty of over USD 500 million imposed by Indian customs authorities.
Samsung India is challenging a hefty $500 million penalty levied by Indian customs, alleging improper classification of imported telecom equipment like networking gear, resulting in reduced ...
Samsung's India unit says it discovered during an Indian tax investigation that Reliance had been warned about the practice way back in 2017, but Reliance did not inform the South Korean company ...
While Samsung's India unit faced a $520 million demand, employees were asked to pay penalties totaling $81 million for "knowingly and intentionally" playing a role in the misclassification of imports.