Samsung Electronics' Indian unit is reviewing a government notice related to a tax dispute, it said on Thursday, after a media report said a domestic agency accused the company of evading import duties worth 17.28 billion rupees ($212 million).
A journalist uses a mobile phone as he works outside the Samsung Electronics smartphone manufacturing facility in Noida, India, July 9, 2018. REUTERS/Adnan AbidiIndian unit is reviewing a government notice related to a tax dispute, it said on Thursday, after a media report said a domestic agency accused the company of evading import duties worth 17.28 billion rupees .
"This is a tax dispute involving interpretation of law. We are reviewing the notice and are exploring legal opinion," a Samsung India spokesperson said in an email, but did not give further details, including on specifics about the tax dispute. Besides the Indian unit of South Korea-based Samsung, the DRI had also sent a show cause notice to PwC, which was hired to classify the network equipment, the report said.Reporting by Anuran Sadhu and Chris Thomas in Bengaluru; Editing by Savio D'Souza
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
Indian agency accuses Samsung of $212 mln customs duty evasion-ETAn Indian government agency has accused the local unit of South Korea's Samsung Electronics of evading import taxes worth 17.28 billion rupees ($212 million) by misclassifying a product, the Economic Times reported on Thursday.
Consulte Mais informação »
Breakthrough in Quantum Research Paves Way for New Generation of Light-Driven ElectronicsA breakthrough in quantum research – the first detection of excitons (electrically neutral quasiparticles) in a topological insulator has been achieved by an international team of scientists collaborating within the Würzburg-Dresden Cluster of Excellence ct.qmat. This discovery paves the way for a n
Consulte Mais informação »
Walmart clearance deals: The best discounts on TVs, laptops, robot vacuums and moreWalmart is having a clearance sale with 50% off electronics, home goods and kitchen products
Consulte Mais informação »
10 Cars, 2 Boats, a Couple Motorcycles, and an Airplane from CESIt was a most eclectic mix of mobility options at the 2023 Consumer Electronics Show.
Consulte Mais informação »
Leaked Samsung Galaxy S23 Ultra promo videos unsurprisingly hype up 200MP cameraThe first undoubtedly legit video marketing materials for the upcoming Samsung Galaxy S23 Ultra are already here, highlighting the phone's 'wow-worthy' camera resolution.
Consulte Mais informação »