DRI issues show cause notice against Samsung India for tax evasion: Report

The agency has asked the company on why it should not impose penalty against the management

The Directorate of Revenue Intelligence (DRI) has issued a show cause notice to Samsung India asking why it should not recover Rs 1,728 crore as duty with interest from the company's subsidiary for allegedly evading customs duty, a report in the Economic Times (ET) said. 

It has also asked why a penalty should not be imposed against the management of the company. 

The ET report quoted a person saying that the notice asked why "the impugned goods, having total accessible value of Rs 6,72,821 crore, imported under the bills of entry should not be held liable for confiscation under the