HomeNATIONGovernment of India sends notices to Chinese mobile companies

Government of India sends notices to Chinese mobile companies

The government of India is looking into the cases of alleged tax evasion by the Chinese mobile companies Oppo, Vivo and Xiaomi.

Notices have also been sent to these companies Union Finance Minister Nirmala Sitharaman informed Rajya Sabha on Tuesday.

The Department of Revenue Intelligence (DRI) has issued a notice to Oppo for total customs duty of Rs 4,389 crore and these are on the grounds of misdeclaration of certain goods leading to a short payment in customs duty, she said, adding, “duty evasion we think is about Rs 2,981 crore”.

“Undervaluation of imported goods for the purpose of payment of customs duty, that we think is an evasion of Rs 1,408 crore,” she said.

Must Read: Web Series and Movies: Top 8 Web Series and Movies You can’t stop yourself from watching

Keep watching our YouTube Channel ‘DNP INDIA

Talking about the other companies, Sitharaman said Xiaomi, which deals with assembled MI mobile phones, has been issued three show-cause notices.

“The approximate duty liability there is about Rs 653 crore. For the three show cause notices, they have been issued, they have deposited only Rs 46 lakh,” the minister said.

Enter Your Email To get daily Newsletter in your inbox

- Advertisement -

Latest Post

Latest News

- Advertisement -