Reported 1 day ago
Samsung has appealed to an Indian tribunal to overturn a $520 million tax demand, alleging misclassification of imports related to networking equipment. The tech giant claims that tax officials were aware of similar practices by Reliance Jio, which had imported the same components without paying tariffs for years. This case adds to recent challenges by foreign companies against Indian tax claims, highlighting the complexities in the country's regulatory environment.
Source: YAHOO