\"\"NEW DELHI: The Indian unit of Sony Corp is in the cross-hairs of a Directorate of Revenue Intelligence<\/a> (DRI) investigation for allegedly violating the India-Asean free trade agreement to import goods from the group's overseas arms without paying appropriate duties, in the latest instance of a crackdown on corporates for abusing trade pacts.
\n
\n\"There is an investigation on,\" said a source in the agency, adding that DRI officials had visited the company's office to recover documents. Sony's India arm has also been asked to furnish documents from suppliers.
\n
\nStatements of officials have been recorded in the case, which is likely to have a duty implication of about Rs 300 crore.
\n
A
Sony India<\/a> spokesperson said: \"No show-cause notice has been issued to Sony India regarding the import of TVs. We have no other comments at this stage.\"
\n
\n\"\"
\n
\nHowever, DRI officials told ET that an investigation was on and a show-cause notice would be issued soon.
\n
\nThe investigations are centered on the import of televisions from Malaysia in a semi-knocked down condition by allegedly mis-declaring them as parts that attract concessional duties under the India-Asean free trade agreement.
\n
The Indo-
Asean<\/a> FTA offers concessional duty benefit to a large number of goods manufactured in the Asean region. However, all imports from Asean countries into India have to meet a mandatory 35% value addition norm in the Asean country from where they are exported to India. Without due value addition, India can deny duty benefits available to goods under the FTA.
\n
\nUnder the treaty, LCD panels, which constitute 80% of the cost of TV sets, attracts zero duty, whereas other parts attract a 4% import duty. The basic customs duty on colour televisions is 10%, implying a big duty benefit in case of televisions in a semiknocked down condition.
\n
\nThe DRI has questioned the premise of a 35% value addition in the country of origin – Malaysia. According to the agency, LCD panels were not manufactured in Malaysia, rendering the claims of a 35% value addition next to impossible. Another source with the agency said the company had already deposited Rs 100 crore towards past duty liabilities and discontinued availing FTA benefits from February this year.
\n
Sony is not alone in coming on the wrong side of the DRI. The agency has earlier carried out investigations against firms such as Toshiba and
Haier<\/a> and both companies have stumped up money claimed by the authorities as unpaid duties.
\n
\nPolicymakers in India have long been worried about the misuse of concessions given under FTA pacts in violation of country of origin norms. Cases of third country exports taking advantage of duty benefits have risen lately, leading the government to also conclude that such imports undermine its attempts to boost domestic manufacturing under the 'Make in India' initiative.
\n
Domestic manufacturers' and
industry<\/a> bodies have also highlighted the issue of third country imports under the India-Thailand and India-Asean FTAs, saying that import under these pacts were hurting manufacturing in the country. India had in the past suspended imports of gold jewellery from Thailand after imports from the country rose following an increase in the customs duty on gold and jewellery imports to rein in a high current account deficit. After a rise in third country imports of gold jewellery via Indonesia, India had asked importers to furnish bank guarantees equivalent to the duty liable under normal trade channel. \n<\/body>","next_sibling":[{"msid":48705631,"title":"India can be world's human resource capital: S Ramadorai, NSDA Chairman","entity_type":"ARTICLE","link":"\/news\/industry\/india-can-be-worlds-human-resource-capital-s-ramadorai-nsda-chairman\/48705631","category_name":null,"category_name_seo":"industry"}],"related_content":[],"msid":48706443,"entity_type":"ARTICLE","title":"'Violation' of Asean FTA may cost Sony India 300 crore in duty","synopsis":"All imports from Asean countries into India have to meet a mandatory 35% value addition norm in the Asean country from where they are exported.","titleseo":"industry\/violation-of-asean-fta-may-cost-sony-india-300-crore-in-duty","status":"ACTIVE","authors":[{"author_name":"Deepshikha Sikarwar","author_link":"\/author\/19483\/deepshikha-sikarwar","author_image":"https:\/\/etimg.etb2bimg.com\/authorthumb\/19483.cms?width=100&height=100","author_additional":{"thumbsize":false,"msid":19483,"author_name":"Deepshikha Sikarwar","author_seo_name":"deepshikha-sikarwar","designation":"Editor","agency":false}}],"Alttitle":{"minfo":""},"artag":"ET Bureau","artdate":"2015-08-28 10:44:31","lastupd":"2015-08-28 10:45:07","breadcrumbTags":["industry","ASEAN","Haier","Revenue Intelligence","Sony India"],"secinfo":{"seolocation":"industry\/violation-of-asean-fta-may-cost-sony-india-300-crore-in-duty"}}" data-authors="[" deepshikha sikarwar"]" data-category-name="Industry" data-category_id="18" data-date="2015-08-28" data-index="article_1">

东盟自贸区的违反300年5月成本索尼印度卢比的责任

所有从东盟国家进口到印度必须满足一个强制性的35%价值除了规范在东盟国家出口。

Deepshikha Sikarwar
  • 更新于2015年8月28日上午10:45坚持
新德里:印度的索尼公司董事会的十字收入的情报(DRI)调查涉嫌违反-东盟自由贸易协定从海外集团的武器进口货物不支付适当的职责,在打击企业的最新实例滥用贸易协定。

说:“有一个调查机构来源,并称DRI官员参观了公司办公室恢复文件。索尼的印度的手臂也被要求提供文件的供应商。

报表中记录的官员一直这样,可能有责任的含义大约300卢比。

一个索尼印度发言人说:“没有说出理由通知发给索尼印度的进口电视。我们没有其他的意见在这个阶段。”



不过,DRI官员告诉等进行调查并说出理由通知将很快发表。

调查集中在从马来西亚进口的电视机病情semi-knocked下来,据说mis-declaring他们部分吸引-东盟自由贸易协定优惠关税。

印度-东盟自由贸易协定提供优惠关税有利于大量的货物在东盟地区生产的。然而,所有从东盟国家进口到印度必须满足一个强制性的35%增加价值规范在东盟国家从他们出口到印度。没有由于价值之外,印度能否认责任利益可用货物自由贸易协定。

根据该条约,LCD面板构成成本的80%电视机,吸引了零关税,而其它地区吸引4%的进口税。彩电的基本关税是10%,这意味着大型义务受益的电视病情semiknocked下来。

DRI质疑的前提下,35%的价值除了原产地——马来西亚。根据该机构,LCD面板没有在马来西亚生产,呈现35%的索赔值几乎不可能。另一个来源与该机构表示,该公司已经把100卢比对过去的义务责任,从今年2月停止了主张自由贸易协定的好处。

索尼并不是唯一一个在未来在DRI的对立面上。该机构早些时候和东芝等公司进行了调查海尔两家公司都拿出了钱被当局声称无偿工作。

印度的政策制定者们一直担心滥用自由贸易协定下的让步协议违反原产地标准。第三国出口的情况下利用责任利益最近上升,导致政府也得出结论,这样进口破坏其试图刺激国内制造业在印度的倡议。

国内制造商和行业尸体还强调了问题的第三国进口India-Thailand -东盟自由贸易协定,说这些协定下进口伤害国家的制造业。印度在过去后暂停了从泰国进口的黄金首饰从该国进口上升后增加对黄金和珠宝进口关税控制高的经常账户赤字。上升后第三国进口的黄金首饰通过印尼,印度曾要求进口商提供银行担保相当于义务责任在正常贸易通道。
  • 发布于2015年8月28日上午10点坚持
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\"\"NEW DELHI: The Indian unit of Sony Corp is in the cross-hairs of a Directorate of Revenue Intelligence<\/a> (DRI) investigation for allegedly violating the India-Asean free trade agreement to import goods from the group's overseas arms without paying appropriate duties, in the latest instance of a crackdown on corporates for abusing trade pacts.
\n
\n\"There is an investigation on,\" said a source in the agency, adding that DRI officials had visited the company's office to recover documents. Sony's India arm has also been asked to furnish documents from suppliers.
\n
\nStatements of officials have been recorded in the case, which is likely to have a duty implication of about Rs 300 crore.
\n
A
Sony India<\/a> spokesperson said: \"No show-cause notice has been issued to Sony India regarding the import of TVs. We have no other comments at this stage.\"
\n
\n\"\"
\n
\nHowever, DRI officials told ET that an investigation was on and a show-cause notice would be issued soon.
\n
\nThe investigations are centered on the import of televisions from Malaysia in a semi-knocked down condition by allegedly mis-declaring them as parts that attract concessional duties under the India-Asean free trade agreement.
\n
The Indo-
Asean<\/a> FTA offers concessional duty benefit to a large number of goods manufactured in the Asean region. However, all imports from Asean countries into India have to meet a mandatory 35% value addition norm in the Asean country from where they are exported to India. Without due value addition, India can deny duty benefits available to goods under the FTA.
\n
\nUnder the treaty, LCD panels, which constitute 80% of the cost of TV sets, attracts zero duty, whereas other parts attract a 4% import duty. The basic customs duty on colour televisions is 10%, implying a big duty benefit in case of televisions in a semiknocked down condition.
\n
\nThe DRI has questioned the premise of a 35% value addition in the country of origin – Malaysia. According to the agency, LCD panels were not manufactured in Malaysia, rendering the claims of a 35% value addition next to impossible. Another source with the agency said the company had already deposited Rs 100 crore towards past duty liabilities and discontinued availing FTA benefits from February this year.
\n
Sony is not alone in coming on the wrong side of the DRI. The agency has earlier carried out investigations against firms such as Toshiba and
Haier<\/a> and both companies have stumped up money claimed by the authorities as unpaid duties.
\n
\nPolicymakers in India have long been worried about the misuse of concessions given under FTA pacts in violation of country of origin norms. Cases of third country exports taking advantage of duty benefits have risen lately, leading the government to also conclude that such imports undermine its attempts to boost domestic manufacturing under the 'Make in India' initiative.
\n
Domestic manufacturers' and
industry<\/a> bodies have also highlighted the issue of third country imports under the India-Thailand and India-Asean FTAs, saying that import under these pacts were hurting manufacturing in the country. India had in the past suspended imports of gold jewellery from Thailand after imports from the country rose following an increase in the customs duty on gold and jewellery imports to rein in a high current account deficit. After a rise in third country imports of gold jewellery via Indonesia, India had asked importers to furnish bank guarantees equivalent to the duty liable under normal trade channel. \n<\/body>","next_sibling":[{"msid":48705631,"title":"India can be world's human resource capital: S Ramadorai, NSDA Chairman","entity_type":"ARTICLE","link":"\/news\/industry\/india-can-be-worlds-human-resource-capital-s-ramadorai-nsda-chairman\/48705631","category_name":null,"category_name_seo":"industry"}],"related_content":[],"msid":48706443,"entity_type":"ARTICLE","title":"'Violation' of Asean FTA may cost Sony India 300 crore in duty","synopsis":"All imports from Asean countries into India have to meet a mandatory 35% value addition norm in the Asean country from where they are exported.","titleseo":"industry\/violation-of-asean-fta-may-cost-sony-india-300-crore-in-duty","status":"ACTIVE","authors":[{"author_name":"Deepshikha Sikarwar","author_link":"\/author\/19483\/deepshikha-sikarwar","author_image":"https:\/\/etimg.etb2bimg.com\/authorthumb\/19483.cms?width=100&height=100","author_additional":{"thumbsize":false,"msid":19483,"author_name":"Deepshikha Sikarwar","author_seo_name":"deepshikha-sikarwar","designation":"Editor","agency":false}}],"Alttitle":{"minfo":""},"artag":"ET Bureau","artdate":"2015-08-28 10:44:31","lastupd":"2015-08-28 10:45:07","breadcrumbTags":["industry","ASEAN","Haier","Revenue Intelligence","Sony India"],"secinfo":{"seolocation":"industry\/violation-of-asean-fta-may-cost-sony-india-300-crore-in-duty"}}" data-news_link="//www.iser-br.com/news/industry/violation-of-asean-fta-may-cost-sony-india-300-crore-in-duty/48706443">