NFT lending platform Blend’s total transaction volume exceeded US$6.6 billion, with more than 720,000 loans
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Samsung challenges $520M India tax demand, joins Volkswagen in rejecting penalties
Share link:In this post: Samsung is contesting a $520 million tax demand from Indian authorities for allegedly misclassifying imports of networking equipment. The company has filed a 281-page challenge at the Customs Excise and Service Tax Appellate Tribunal in Mumbai, claiming that similar practices by Reliance Jio went unchallenged. The case follows a similar dispute involving Volkswagen, which is also contesting a $1.4 billion tax demand for misclassified imports.
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