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SAMSUNG PENALTY
Samsung India executives seek to quash $81 million penalty over tax evasionSeven Samsung India executives are contesting penalties linked to a $601 million tax demand. They argue against the severity of the alleged...29 May, 2025, 12.29 AM IST- Samsung moves CESTAT, challenges $500 mn penaltySamsung India is contesting a penalty exceeding $500 million imposed by Indian customs authorities at the Customs Excise & Service Tax Appe...04 May, 2025, 09.46 PM IST
- 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...26 Mar, 2025, 04.20 PM IST
- 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...26 Mar, 2025, 12.49 AM IST
- 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...25 Mar, 2025, 07.15 PM IST
- MCA penalises Samsung Display Noida for breach of Companies Act normsAs per Samsung Display Noida's February 2024 letter cited in the order, it's fully owned by Samsung Display Co (Korea), which, in turn, is ...14 Jun, 2024, 12.49 AM IST
- EU designates six big tech gatekeepers under DMA, introduces provisions for finesThe European Commission has also opened four market investigations to further assess Microsoft's and Apple's submissions arguing that, desp...06 Sep, 2023, 04.12 PM IST
- CBIC clarification on display inputs duty a big relief: ICEAThe notice by the central board of indirect taxes and customs (CBIC) via circular dated August 18, which clarifies that import of display a...19 Aug, 2022, 08.06 PM IST
- Samsung fined $9.8mn for misleading Australian phone adsSamsung must also pay AU$200,000 ($140,000) toward the costs of the Australian Competition and Consumer Commission, the consumer watchdog t...28 Jul, 2022, 02.49 PM IST
- Samsung boss convicted, fined for using anaesthetic misusePropofol is normally a medical anaesthetic but is also sometimes used recreationally, and an overdose of the drug was given as the cause of...26 Oct, 2021, 10.15 AM IST
- Samsung leader Lee set to stand trial for alleged unlawful use of sedativeUnder South Korean law, the recipient of a controlled substance deemed to have been administered illegally is liable for prosecution, as we...12 Oct, 2021, 10.46 AM IST
- GST filing deferment no relief for mobile phone makers after recent rate hikeAn intelligence firm that tracks the smartphone market has cut this year’s growth estimate to 5.5% from 8% earlier. Realme has estimated th...25 Mar, 2020, 03.39 PM IST
- Rs 37 lakh penalty on Samsung for not passing GST creditThe NAA further said in its order that Samsung India had increased prices for appropriating the tax reduction 'with the intention of denyin...02 Mar, 2020, 03.25 PM IST
- Samsung brand ambassador sued for $1.6 million after she used iPhone at eventXenia Sobchak was hired by Samsung to market its smartphones in Russia.25 Oct, 2018, 04.26 PM IST
- Philips, LG Electronics, 4 others fined 1.47 billion Euros for EU cartelTwo Panasonic joint ventures were also fined. Taiwanese firm Chunghwa Picture Tubes blew the whistle on the cartel and was escaped a fine.05 Dec, 2012, 06.13 PM IST
- Samsung ordered to pay $532 million to creditorsThe creditors recouped the 1.6 trillion principal in May last year when Samsung Life sold its shares in the country's largest initial publi...11 Jan, 2011, 12.57 PM IST
- Foreign Exchange Tribunal upholds penalty on 10 MNCsThe Appellate Tribunal for Foreign Exchange has upheld the penalties imposed on 10 MNCs including Ericsson, Nokia and Sony by the Special D...25 Aug, 2006, 04.00 PM IST
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