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SAMSUNG DUTY DISPUTE
From Samsung to BYD: Foreign companies and their tax tussles with IndiaForeign companies in India face significant tax disputes, including Samsung's $601 million penalty for tariff evasion, Volkswagen’s $1.4 bi...- Samsung weighs legal options on Rs 5,100 crore customs demandSamsung India is exploring legal options after customs authorities demanded ₹5,100 crore in taxes and penalties for alleged evasion of duty...
- India hunts for back taxes as world grapples with tariffsPresident Trump plans new tariffs on cars, aluminum, and pharmaceuticals. India pursues foreign companies like Samsung and Volkswagen for b...
- India slaps Samsung with tax demand of $601 million for telecom importsIndia has ordered Samsung to pay $601 million in back taxes and penalties for evading tariffs on telecom equipment imports. The company mis...
- Union Budget 2025: India axes import tax on some smartphone parts in boost to Apple, XiaomiThe list contained components for mobile phone assembly, such as printed circuit board assemblies, camera module parts, and USB cables, whi...
- Samsung has acceded to most demands of workers, says TN govtSamsung India has agreed to most of the worker demands in Tamil Nadu. Discussions continue on registering a union with political ties. Work...
- Samsung's India plant situation escalates sharply after firm sues labour union over disruptionSamsung Electronics' Indian unit has filed a lawsuit against members of a labor union leading an 11-day strike at its home appliances plant...
- Will 'Make in India' showpiece crash into a roadblock after WTO ruling?Smartphone exports were only Rs 1,300 crore in 2017-18, which then moved up sharply to Rs 11,200 crore in 2018-19, and thereafter to Rs 27,...
- WTO ruling on Indian duty, if upheld, could hit local production of mobilesA WTO panel recently ruled that India had violated global trade rules after the European Union challenged the levy of 7.5% and 15% import d...
- Clarity on customs duty may boost local telecom gear manufacturingAt the start of FY24, the government tightened rules on customs duty payments by telecom gear importers in a bid to plug leakages to the tu...
- Tariff protection can help only that longGlobal handset manufacturers began to seek supply chain resilience after China's shutdown over the pandemic, and India became an obvious ch...
- Samsung exploring ‘legal opinion’ after DRI's Rs. 17k crore tax evasion notice"This is a tax dispute involving interpretation of law. We are reviewing the notice and are exploring legal opinion," a Samsung India spoke...
- DRI issues show cause notice to Samsung India over alleged customs duty evasionThe agency in the notice also asked why a penalty should not be imposed against the senior management of the company. The DRI also issued a...
- Samsung India says reviewing govt notice on tax dispute"This is a tax dispute involving interpretation of law. We are reviewing the notice and are exploring legal opinion," a Samsung India spoke...
- Donald Trump's tariff move to 'punish' China may be the biggest blow to renewables yetTrump approved duties of 30% on solar equipment, a move that threatens to handicap a $28 bn industry that relies on parts made abroad for 8...
- Handset makers urge DOT to drop import duty charges on 4G smartphonesThis comes after Bengaluru customs about a fortnight ago attempted to levy 10 per cent BCD applicable to 4G gear imports also on 4G smartph...
- Foreign handset makers in India seek speedy resolution to Nokia tax caseA resolution to the Nokia tax dispute topped wish list of foreign handset makers in India as their executives met Telecom Minister Ravi Sha...
- Samsung gets notice for Rs 70-crore duty evasionElectronics goods giant Samsung has been slapped with a notice by Directorate of Revenue Intelligence for allegedly evading import duty to ...
- DRI slaps show cause notice on Samsung for alleged import duty evasion of nearly Rs 70 croreDRI) has slapped a show cause notice on South Korean electronics major Samsung for an alleged import duty evasion of nearly Rs 70 crore.
- Budget 2013: Super-rich to pay more on cars, bikes & phonesThe super rich in India will not only have to pay higher taxes on their earnings now, they will also shell out more for their Lamborghinis,...
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