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Samsung fights India tax demand of $520 mn
Mint Kolkata
|May 05, 2025
Samsung has asked an Indian tribunal to quash a $520 million tax demand for allegedly misclassifying imports of networking gear, arguing officials were aware of the practice as Reliance imported the same component in a similar manner for years, documents show.
Samsung becomes the second major foreign company in recent months to challenge an Indian tax demand.
Volkswagen has sued Prime Minister Narendra Modi's government in court for a record demand of $1.4 billion for misclassifying its component imports.
Dit verhaal komt uit de May 05, 2025-editie van Mint Kolkata.
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