Samsung fights $520 million India tax demand, points to Reliance practice

People shop inside a store selling Samsung mobile phones and accessories in Mumbai, India, March 6, 2023. REUTERS/Francis Mascarenhas/File Photo

NEW DELHI (Reuters) -Samsung has asked an Indian tribunal to quash a $520 million tax demand for allegedly misclassifying imports of networking gear, arguing officials were aware of the practice as India's Reliance imported the same component in a similar manner for years, documents show.

Samsung becomes the second major foreign company in recent months to challenge an Indian tax demand.