Apple Tax Exemption

Apple Inc's Japan unit is being charged 13 billion yen ($97.82 million) in additional taxes by Tokyo for bulk sales of iPhoneS and other Apple devices to foreign tourists that were incorrectly exempted from the consumption tax.

Angered by Washington's refusal to exempt it from new steel and aluminium tariffs, New Delhi decided in June to raise the import tax from August 4 on some US products including almonds, walnuts and apples.

Apple had sought concessions such as duty exemption on manufacturing and repairing units, components, capital equipment for smartphones for 15 years.

Apple had sought concessions such as duty exemption on manufacturing and repair units, components, capital equipment for smartphones for 15 years, the Minister of State for Electronics and IT, PP Chaudhary, said.

Apple Inc's Japan unit is being charged 13 billion yen ($97.82 million) in additional taxes by Tokyo for bulk sales of iPhoneS and other Apple devices to foreign tourists that were incorrectly exempted from the consumption tax.

Angered by Washington's refusal to exempt it from new steel and aluminium tariffs, New Delhi decided in June to raise the import tax from August 4 on some US products including almonds, walnuts and apples.

Apple had sought concessions such as duty exemption on manufacturing and repairing units, components, capital equipment for smartphones for 15 years.

Apple had sought concessions such as duty exemption on manufacturing and repair units, components, capital equipment for smartphones for 15 years, the Minister of State for Electronics and IT, PP Chaudhary, said.