GENERAL23 Sept 2026
LG, Samsung face India tariff evasion investigation over OLED TV parts
India is investigating LG and Samsung for allegedly paying only 5% duty on imported OLED (organic light emitting diode) TV display parts. Officials say that low rate was meant for older LCD and LED screens, and 15% was due. Both firms dispute this. Importers should double-check the duty rate they claim, since penalties can reach 100% of duty evaded.
Key Statutory Highlights
- Indian officials allege Samsung and LG wrongly claimed a concessional 5% tariff on imported OLED glass screens called open cells.
- The Directorate of Revenue Intelligence believes the companies should have paid 15% duty on those OLED parts.
- After an investigation, authorities can issue tax demand notices and impose penalties of up to 100% of the duty evaded.
Actionable Advice for Taxpayers / Founders:If you import display parts, review the tariff rate you have been claiming and the product description used in your bills of entry, then keep documentation ready to explain your classification. For a specific case, it is safer to check with a customs consultant before the department raises a demand.
Statutory Disclaimer: TaxQue Shorts are AI-assisted editorial briefs for compliance awareness. This brief has not passed every source check; confirm the original notification before acting. This does not constitute formal legal or CA counsel.
TaxQue News Desk
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