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LG Electronics India Gets ₹153.58 Crore Customs Duty Notice Over Royalty Payments

LG Electronics India Gets ₹153.58 Crore Customs Duty Notice Over Royalty Payments
Photo: Free Press Journal · view original

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...

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