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TELECOM EQUIPMENT CLASSIFICATION
US raises concerns at India’s duties on IP-intensive goods, source code, AI working paperThe US has voiced concerns over India's high customs duties on IP-intensive products and its proposed mandatory blanket license for AI deve...- The off-balance sheet trick didn’t die in 2019: How Indian managements still hide obligations from investorsThis is one of the most judgement-heavy corners of an Indian balance sheet and one of the easiest to stretch. This part of the series is ab...
- EU digital chief warns of 'weaponised' reliance on foreign techEurope's digital chief Henna Virkkunen warns of foreign tech dependencies being weaponised. She urges greater use of homegrown services for...
- 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...
- TRAI recommends critical IoT services be classified as essential for national securityTelecom regulator TRAI suggests classifying critical IoT services requiring ultra-reliable, low-latency M2M connectivity as essential, citi...
- 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 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...
- Customs duty structure review to focus on reducing number of rates: Revenue SecretaryThe government plans to streamline customs duty rates, aiming to reduce them from about a dozen to five, according to Revenue Secretary San...
- Budget 2024: Telecom sector seeks policy reforms and legal clarityTelecom Budget Expectations: With Budget 2024 approaching, the Telecom Industry eagerly anticipates policy reforms to ensure growth aligns ...
- 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...
- IT hardware makers seek tax clarity on routers after raids, duty demandsIT hardware manufacturers say a lack of clarity on router classification has resulted in the authorities sending letters, emails and summon...
- Ind-AS 116 norms could impact profits of multiplexes, airlinesInd-AS 116 sets out principles for recognition, presentation and disclosure of leases.
- Tech firms to invest Rs 2,600 crore in electronic manufacturingWhile Tejas Networks will invest in telecom equipment manufacturing, Tessolve Semiconductor plans to set up an assembly and testing plant.
- New telecom penalty regime likely to be in place in JuneThe new scheme is likely to bring some relief to telecom operators, who rue that at present the maximum penalty of Rs 50 crore is imposed e...
- DoT panel for slab-based penalties for violations by telcosThe DoT panel has suggested examining violations on nine parameters and clubbing them under five heads.
- Private Telecom companies likely to be exempted from local sourcing rulesThe "security implication" of a telecom electronic product does not depend on the "location of manufacture" but on "how it is manufactured"...
- DoT urged to include Huawei in master-list of domestic telecom gear makersIndustry bodies have urged the telecom department (DoT) to include Chinese vendor Huawei in its master-list of domestic telecom gear makers.
- TDSAT asks BSNL not to hike infrastructure charges retrospectivelyTDSAT in an interim order has asked state-controlled firm BSNL not to increase infrastructure charges retrospectively from April 2009.
- Data service payments not taxable: AARThe Authority for Advance Ruling (AAR), a quasi judicial body dealing in tax issues related to foreign companies, has held that monthly pay...
- TRAI 'broadcasts' to I&B for increasing penetrationSector regulator TRAI is batting for tax cuts for the broadcast industry and has written to the Information & Broadcasting Ministry seeking...
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