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Govt orders Samsung, executives to pay $601 million for tax evasion
March 26, 2025
|The New Indian Express Coimbatore
THE government has ordered Samsung and its executives to pay $601 million in back taxes and penalties for allegedly evading tariffs on imported telecommunications equipment.
This marks one of the most significant tax demands in recent years. The dispute revolves around the import of critical transmission components, known as "Remote Radio Heads," used in mobile towers, which Samsung supplied to Reliance Jio.
According to Indian customs authorities, Samsung misclassified these imports to avoid paying tariffs of 10% or 20%.
هذه القصة من طبعة March 26, 2025 من The New Indian Express Coimbatore.
اشترك في Magzter GOLD للوصول إلى آلاف القصص المتميزة المنسقة، وأكثر من 9000 مجلة وصحيفة.
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المزيد من القصص من The New Indian Express Coimbatore
The New Indian Express Coimbatore
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Prem Kumar of BJP elected Bihar Speaker
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1 min
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Apollo plans to add 4,500 more beds in coming years: Suneeta Reddy
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1 mins
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The New Indian Express Coimbatore
AN OPENING TO BRIDGE THE GULF
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3 mins
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NDA seeks ED probe after Lalu 'plans' to change house
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1 mins
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