2025-03-25· Outlook Business · ReutersGST

Samsung India: $601m demand, $81m personal fines on 7 executives

Summary

Authorities demanded unpaid duty plus a 100% penalty from Samsung India and fined seven executives, including the CFO, $81m. The dispute is over how 2018–21 telecom imports were classified; Samsung is contesting.

Key points

Started with 2021 searches; order in January 2025
Executives named in the order
Kia faced a $155m duty allegation in Feb 2025 and deposited ₹2.78bn under protest

For Korean companiesTax positions can come back to executives years later; document classification and rate decisions as you make them.

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2026-10-27· IANS · Punjab KesariGST

First set of GST changes notified, in force from 1 November

CBIC notified the first set of 57th GST Council changes on 26 October. From 1 November 2026, post-sale discount and credit-note rules are simplified, inverted-duty refunds can be paid 90% provisionally after risk checks, and the place of supply for intermediary services moves to the recipient's location.

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2026-10-27· Business StandardGST

CBIC tightens GST notices: split by year, prove fraud claims

Circulars issued on 26 October (including Circular 258) require multi-year GST notices to show the demand year by year, with facts, evidence, legal provisions and the exact tax. Unpaid tax or a mismatch alone no longer justifies invoking fraud or suppression provisions without specific evidence of intent.

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2026-10-18· TaxGSTGST