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

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.

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 ...

It remains unclear whether the Samsung employees are individually contesting the penalties. The tax demand represents ... of $955 million for Samsung in India, where it is one of the largest ...

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 ...

Alongside the corporate penalty, seven Samsung employees face personal ... Reliance Jio and India’s tax department have so far declined to comment on the developments. As Samsung pursues legal ...

Samsung's branch in India claims it found out during a tax ... whether Samsung workers are independently contesting the penalties. The tax obligation constitutes a significant portion of ...