🚨 BREAKING: India is investigating LG and Samsung for allegedly paying lower tariffs on imported display parts of high-end OLED TVs... 📺 Officials allege the companies wrongly claimed a concessional 5% tariff on imported OLED glass screens called open cells -- a rate they say has for years been reserved for older LCD and LED technologies that dominate mass-market sales. The Directorate of Revenue Intelligence believes the duty should have been 15%. 📺 Both companies are privately contesting that position, arguing OLED is nothing but an advanced form of LED and the same tariffs should apply. DRI officers visited Samsung's India headquarters in Gurugram to question officials in recent weeks. LG was sent written questions and has responded, along with a voluntary monetary deposit to cover any extra duty authorities may request. 📺Samsung said it is "reviewing the matter and cooperating fully with the relevant authorities." 📺Meanwhile, industry groups Consumer Electronics and Appliances Manufacturers Association (CEAMA) and MAIT wrote nearly identical confidential letters in August pushing India's IT ministry to extend the 5% rate to OLED parts, calling the current rules an "anomalous situation" that leaves advanced OLED manufacturers "denied the same benefit." With @Nikunj_Ohri