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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 ...
President Donald Trump is threatening a 50% tax on all imports from the European Union as well as a 25% tariff on Apple ...
which has now triggered a hefty penalty. Listen to Story Samsung appeals $520M tax demand in India The said tax is linked to telecom gear import misclassification The company has criticised the rushed ...
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 has challenged a $520 million tax notice in India, claiming that the Indian tax authorities were aware of the misclassification of imports and had tolerated the same by Reliance Jio, the ...
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 ...
Alongside the corporate penalty, seven Samsung employees face personal ... Reliance Jio and India’s tax department have so far declined to comment on the developments. As Samsung pursues legal ...
a major telecom operator in India. Tax officials claim this misclassification allowed Samsung to avoid significant tariffs, resulting in a hefty penalty, with an additional $81 million fine imposed on ...