Reviewing DRI notice and exploring options, says Samsung India

The government agency has also issued a show cause notice to PricewaterhouseCooper and a director was also questioned during the probe

Samsung
Media earlier reported that Samsung India was sent a show cause notice asking why the agency should not recover Rs 1,728.47 crore as duty along with interest from the company.
Sharleen D’Souza Mumbai
1 min read Last Updated : Jan 13 2023 | 12:16 AM IST

Don't want to miss the best from Business Standard?

Samsung has said that the ongoing tax dispute with the Directorate of Revenue Intelligence (DRI) involved interpretation of law and it was exploring legal opinions. 

“This is a tax dispute involving interpretation of law. We are reviewing the notice and are exploring legal opinion,” a statement by a Samsung India spokesperson said.

According to media reports, Samsung was sent a show cause notice asking why the agency should not recover Rs 1,728.47 crore as duty, along with interest, from the company. 

The government agency had also issued a show cause notice to PricewaterhouseCooper and a director was also questioned during the probe.

One subscription. Two world-class reads.

Already subscribed? Log in

Subscribe to read the full story →
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

Save 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

Topics :Samsung IndiaDirectorate of Revenue IntelligenceTax dispute

Next Story