LG Electronics India Gets ₹153.58 Crore Customs Duty Notice Over Royalty Payments
New Delhi, Sep 25: LG Electronics India Ltd has received a show cause notice from the Customs authorities for the recovery of Rs 153.58 crore as customs duty for allegedly not including royalty payments in the assessable value of certain imported goods, the company has stated in a stock exchange filing. The show cause notice has been issued following an investigation carried out by the…
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