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Seven Samsung India executives have asked a court to revoke penalties of $81 million included in New Delhi's $601-million tax ...
Samsung pushed India's tax authority to drop the scrutiny ... billion rupees ($520 million), consisting of unpaid taxes and a penalty of 100%. Seven India executives face fines of $81 million ...
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 ...
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 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 ...
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.