Monday, April 27, 2015
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
GeIL's Latest DDR4 SUPER LUCE Memory 'Breathes'
Google Explorer Among Nepal Earthquake Victims
Nokia Won't Return To Phone Manufacturing
Russian Hackers Accessed Obama's Emails
LG Display Leads The OLED Market
China Telecom To Sell Phones With Alibaba
SK Hynix To Start Production Of 36-Layer 3D NAND Flash Chips
Apple Watch Available In Select Stores
Active Discussions
menu making
roxio issues with xp pro
How to burn a backup copy of The Frozen Throne
Help make DVDInfoPro better with dvdinfomantis!!!
Question about nero
Copied dvd's say blank in computer only
Optiarc AD-7260S review
cdrw trouble
 Home > News > Mobiles > Nokia P...
Last 7 Days News : SU MO TU WE TH FR SA All News

Friday, March 21, 2014
Nokia Protests Tax Claim in India


Nokia said on Friday it has filed a writ to the Madras High Court to contest a claim from the Tamil Nadu tax department, which has moved to assess sales tax on the export of devices from the company's Chennai facility.

India's Supreme Court last week ordered the Finnish company to give a 35 billion Indian rupee ($571 million) guarantee and waive some of its rights to legal defence before it transfers the factory to Microsoft.

India's Tamil Nadu tax authority claims that Nokia's devices made in Chennai were not exported and were instead sold domestically in India, an "absurd" cliam according to the Finish company. Nokia considers the claim to be completely without merit and counter to domestic tax laws.

"In India, exports are by law exempt from tax, and Nokia has proved consistently that devices produced at Chennai are exported abroad. Indeed, the company has been regularly assessed and audited by the tax authorities since 2006 without incident, and it has also won numerous export awards from governmental organisations," Nokia said.

Products exported from India are exempt from tax.

Nokia plans to defend itself "vigorously".

The company also expects to close the Microsoft deal by the end of this month.




Previous
Next
BlackBerry To Sell Most of Its Canadian Real Estate        All News        Google Lists Top 10 Google Glass Myths
BlackBerry To Sell Most of Its Canadian Real Estate     Mobiles News      Samsung To Preview of Galaxy S5 and Gear Devices Prior to Launch

Get RSS feed Easy Print E-Mail this Message

Related News
Nokia Won't Return To Phone Manufacturing
Nokia to Buy Alcatel-Lucent
Nokia May Buy Alcatel-Lucent Wireless Business
Nokia 215 Unveiled
Lumia 635 Comes to Boost Mobile, Virgin Mobile USA and Sprint
Nokia's First Brand-licensed Product Is The N1 Android Tablet
Nokia Teases With Mysterious New Product
Nokia Brand May Return In The Future: CEO
Microsoft's First Nokia-free Lumia Coming Next Week
Lumia 635 Coming to Cricket Wireless
Lumia 830 Coming to AT&T With Free Fibit Flex
Microsoft To Keep Nokia Brand For Low-end Smartphones

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2015 - All rights reserved -
Privacy policy - Contact Us .