Oppo India evaded customs duty worth Rs 4389 cr: DRI | business – Times of India Videos

July 14, 2022, 07:58 AM ISTSource: mirror now

The Directorate of Revenue Intelligence (DRI) has accused Oppo India of duty evasion of Rs 4389 crore. The allegation comes after searches at the offices of the Chinese telecom company’s Indian branch as well as the residences of some key employees. “This incorrect declaration resulted in wrongful availing of ineligible duty exemption benefit of Rs 2,981 crore by Oppo India. Among others, the senior management staff of Oppo India and domestic suppliers were questioned, who in their voluntary statements admitted to furnishing false details before the customs authorities at the time of import,” an official statement said.