India has ordered Samsung and its executives in the country to pay $601 million in back taxes and penalties for dodging tariffs on import of key telecoms equipment, a government order showed, for one of the biggest such demands in recent years.

Samsung is getting hit with a sizeable tax penalty in India after failing to pay the government over import tariffs. The Indian government has levied a massive fine for failing to pay evading these duties on both the company and the senior executives.

South Korean conglomerate Samsung has been slapped with a whopping $601 million (or INR 5,515 crore) tax notice by the Government of India. The company allegedly dodged tariffs on telecom imports on critical equipment. The order can be challenged by the tech giant in court or a tax tribunal.

India issued a $601 million tax demand against Samsung on Tuesday, accusing the South Korean company of misclassifying key telecom equipment imports to evade customs duties. The case stems from an investigation into Samsung’s network division and its supply of telecom components to Reliance Jio,

Reuters, citing a government order, reported that India required Samsung and seven of its executives to pay US$601 million in back taxes and penalties for allegedly evading tariffs on imported telecom equipment. The demand includes US$520 million...

The Indian government has reportedly imposed a $601 million (~ ₹5,145 crore) tax demand on Samsung India and its executives

The order, one of the largest tax demands in recent years, accuses the company of deliberately evading tariffs on key transmission components used in mobile towers.

Samsung faces a $601 million penalty, including 44.6 billion rupees ($520 million) in unpaid taxes and a 100% penalty. Executives Fined: Seven India-based executives are fined $81 million, including Sung Beam Hong (network division vice president),

Tax authorities have ordered Samsung and its executives in the country to pay ₹5,156 crore ($601 million) in back taxes and penalties for dodging tariffs on import of key telecoms equipment, a government order showed, for one of the biggest such demands in recent years.

The demand represents a substantial chunk of last year's net profit of $955 million for Samsung in India, as per a Reuters report