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LG and Samsung face India probe over OLED TV-part duty classification

India’s revenue intelligence agency is investigating LG Electronics and Samsung over alleged underpayment of duties on imported OLED TV display parts. The dispute could raise input costs for premium TVs and intensify industry lobbying for OLED tariff parity and manufacturing incentives.

OLED open-cell duty: 15% rate authorities cite versus 5% concession claimed
  • Duty rate authorities say applies to OLED parts15%
  • Concessional duty rate claimed on OLED open cells5%

Reported figures

From the report. Source details below

India TV market valued at $4.7 billion last year
LG India TV market share around 26%
LG OLED value share almost 59%
Samsung faces a separate $520 million tax demand
Display and TV-part imports rose 15% to $5.6 billion by March 2026

Also in the report

  • 5% concessional tariff claimed on OLED open-cell imports
  • 15% duty authorities say applies to OLED parts
  • OLEDs account for nearly 4% of India's TV market
  • Penalties can reach 100% of duty evaded

The source

Source Read the source at Mint

Published

Confirmed by Business Standard, NDTV Profit

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