Seven Samsung India executives have asked a court to revoke penalties of $81 million included in New Delhi's $601-million tax ...

India has ordered Samsung to pay $601 million (roughly Rs. 5,149 crore) in back taxes and penalties for dodging import tariffs. The Samsung investigation began in 2021 when tax inspectors ...

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.

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 ...

Other than $520 million demand Samsung faces, India has also imposed an $81 million fine on seven of its employees, taking the total tax demand to $601 million. It's not clear if Samsung employees ...

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 ...

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 ...

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.