Contract manufacturer Flex seeks to overturn Indian tribunal ruling in Xiaomi tax case
By
Binu Mathew
NEW DELHI: Contract manufacturer Flex is asking India’s Supreme Court to overturn an Indian Tax Tribunal order relating to the tax authorities payment dispute with Chinese smartphone maker Xiaomi, a court filing from Flex, seen by Reuters, showed.
Xiaomi has been asked to pay $72 million in unpaid taxes on royalties, but it has challenged this at the Supreme Court in a case seen as a test of the country’s legal framework for contract manufacturing.
