PolicyET Tech38 minutes ago
India Probes LG, Samsung OLED Tariff Evasion
4 min read
India's Directorate of Revenue Intelligence is investigating LG Electronics and Samsung for allegedly claiming a 5% concessional tariff on imported OLED open cell screens instead of the 15% duty authorities say applies. Officers questioned Samsung officials in Gurugram; LG submitted written responses and a voluntary deposit. The probe threatens both companies' premium TV ambitions in a key growth market.
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