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HomeIndirect TaxesXiaomi Involved In Customs Duty Evasion By Not Disclosing  Royalty And Licence...

Xiaomi Involved In Customs Duty Evasion By Not Disclosing  Royalty And Licence Fee Payments: CESTAT Upholds Demand 

Indirect Taxes

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By Mariya Paliwala
Xiaomi Involved In Customs Duty Evasion By Not Disclosing Royalty And Licence Fee Payments: CESTAT Upholds Demand

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The Customs, Excise & Service Tax Appellate Tribunal (CESTAT), Chennai, has upheld substantial customs duty demands against Xiaomi Technology India Pvt. Ltd., finding that the company was involved in customs duty evasion as it failed to disclose royalty and licence fee payments that should have been included in the assessable value of imported mobile phones…

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Mariya Paliwala
Mariya Paliwalahttps://www.jurishour.in/
Mariya is the Senior Editor at Juris Hour. She has 7+ years of experience on covering tax litigation stories from the Supreme Court, High Courts and various tribunals including CESTAT, ITAT, NCLAT, NCLT, etc. Mariya graduated from MLSU Law College, Udaipur (Raj.) with B.A.LL.B. and also holds an LL.M. She started her career as a freelance tax reporter in the leading online legal news companies.

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