Duty Evasion
- All
- News
- Videos
-
Oppo, Vivo, Xiaomi Found Evading Tax Worth Rs. 9,000 Crore; Rs. 1,630 Crore Recovered So Far: MoS IT
Chinese smartphone makers, including Oppo Mobile, Vivo India and Xiaomi Technology, have been found evading taxes worth Rs. 9,000 crore in India, Parliament was informed on Friday. Data shared by the Minister of State for Electronics and IT Rajeev Chandrasekhar in Rajya Sabha showed tax evasion comprising customs duty and GST.
-
Oppo, OnePlus, Realme to Operate as Separate Entities in India to De-Risk BBK's India Business: Report
BBK Electronics has restructured its India operations and made its three brands — Oppo, OnePlus and Realme, independent entities. The move could help the manufacturer to de-risk business from the current and future government action against Chinese firms.
-
Oppo, Vivo India and Xiaomi Under Government Scanner in India as ED Takes Action
Oppo, Vivo India and Xiaomi are under scanner in India as the government is looking into alleged tax evasion cases by the Chinese tech firms. Finance Minister Nirmala Sitharaman announced DRI issued notice to Oppo for duty evasion, while ED is conducting search on Vivo. Xiaomi has been issued three showcase notices so far.
-
Oppo India Says Reviewing Rs. 4,389 Crore Notice, Will Take Appropriate Steps
Oppo India says it is reviewing Rs. 4,389 crore notice issued by the Directorate of Revenue Intelligence (DRI). The company was served with the show-cause notice for import duty invasion after searches on its premises by the DRI. Oppo India said it has a "different view" on the charges and will take appropriate steps, including legal remedies.
-
India Slaps Rs 4,389 Crore Notice On Chinese Phone Maker Oppo
Chinese phone maker Oppo's India unit has been slapped with a notice for alleged Rs 4,389 crore import duty evasion, the Finance Ministry said on Wednesday.
-
Probe Agency Detects Rs 4,389 Crore Customs Duty Evasion By Oppo India
Revenue intelligence officers have detected Rs 4,389 crore duty evasion by Chinese smartphone maker Oppo by misdeclaration of imports, the Finance Ministry said today.
-
Chinese Phone Maker Oppo Evaded Rs 4,390 Crore Customs Duty: Report
An investigation by India's Directorate of Revenue Intelligence has found that Chinese smartphone maker Oppo evaded customs duty worth 43.9 billion Indian rupees ($551 million).
-
Shares Of Tata Steel, JSW Steel Nosedive On Bourses
Steel shares fell mainly in the aftermath of Government waiving off customs duty on import of some raw materials like coking coal and ferronickel
-
Xiaomi Slapped With Rs 653 Crore Import Duty Evasion Notice
A show cause of Rs 653 crore has been slapped on Chinese phone maker Xiaomi's India unit for alleged import duty evasion
-
Xiaomi India Slapped With Rs. 653-Crore Notice for Alleged Tax Evasion
Xiaomi's India unit has been slapped with a Rs. 653 crore notice for alleged evasion of import duty, as per an official statement.
-
Watch: Shower Of Currency Notes From Building In Kolkata During Search
There was a shower of crisp currency notes from the sixth floor of a building in Kolkata's central business district on Wednesday afternoon while DRI officials were conducting a search in a private office on that floor.
-
Gujarat Court Declares Nirav Modi "Proclaimed Absconder" In Customs Case
A Gujarat court today declared fugitive diamantaire Nirav Modi as a "proclaimed absconder" in a customs duty evasion case, filed in March and ordered him to appear in person on November 15. A public notification was issued earlier in the day in newspapers, and also sent to government and police departments, where Nirav Modi was declared proclaimed ...
-
Nirav Modi Served Arrest Warrant For Evading Duty On Imported Diamonds
Revenue intelligence agency DRI has served an arrest warrant via email to absconding celebrity diamantaire Nirav Modi in a case of alleged customs duty evasion, officials said today.
-
Court Confirms Jail Term For VK Sasikala's Husband In 23-Year-Old Case
The Madras High Court on Friday confirmed the two-year jail term awarded to M Natarajan, husband of jailed AIADMK leader V K Sasikala, for evasion of customs duty on the import of a luxury car.
-
Centre Evasive On Further Cut In Petrol, Diesel Excise Duty
Oil Minister Dharmendra Pradhan remained non-committal on cutting excise duty on petrol and diesel.
-
Oppo, Vivo, Xiaomi Found Evading Tax Worth Rs. 9,000 Crore; Rs. 1,630 Crore Recovered So Far: MoS IT
Chinese smartphone makers, including Oppo Mobile, Vivo India and Xiaomi Technology, have been found evading taxes worth Rs. 9,000 crore in India, Parliament was informed on Friday. Data shared by the Minister of State for Electronics and IT Rajeev Chandrasekhar in Rajya Sabha showed tax evasion comprising customs duty and GST.
-
Oppo, OnePlus, Realme to Operate as Separate Entities in India to De-Risk BBK's India Business: Report
BBK Electronics has restructured its India operations and made its three brands — Oppo, OnePlus and Realme, independent entities. The move could help the manufacturer to de-risk business from the current and future government action against Chinese firms.
-
Oppo, Vivo India and Xiaomi Under Government Scanner in India as ED Takes Action
Oppo, Vivo India and Xiaomi are under scanner in India as the government is looking into alleged tax evasion cases by the Chinese tech firms. Finance Minister Nirmala Sitharaman announced DRI issued notice to Oppo for duty evasion, while ED is conducting search on Vivo. Xiaomi has been issued three showcase notices so far.
-
Oppo India Says Reviewing Rs. 4,389 Crore Notice, Will Take Appropriate Steps
Oppo India says it is reviewing Rs. 4,389 crore notice issued by the Directorate of Revenue Intelligence (DRI). The company was served with the show-cause notice for import duty invasion after searches on its premises by the DRI. Oppo India said it has a "different view" on the charges and will take appropriate steps, including legal remedies.
-
India Slaps Rs 4,389 Crore Notice On Chinese Phone Maker Oppo
Chinese phone maker Oppo's India unit has been slapped with a notice for alleged Rs 4,389 crore import duty evasion, the Finance Ministry said on Wednesday.
-
Probe Agency Detects Rs 4,389 Crore Customs Duty Evasion By Oppo India
Revenue intelligence officers have detected Rs 4,389 crore duty evasion by Chinese smartphone maker Oppo by misdeclaration of imports, the Finance Ministry said today.
-
Chinese Phone Maker Oppo Evaded Rs 4,390 Crore Customs Duty: Report
An investigation by India's Directorate of Revenue Intelligence has found that Chinese smartphone maker Oppo evaded customs duty worth 43.9 billion Indian rupees ($551 million).
-
Shares Of Tata Steel, JSW Steel Nosedive On Bourses
Steel shares fell mainly in the aftermath of Government waiving off customs duty on import of some raw materials like coking coal and ferronickel
-
Xiaomi Slapped With Rs 653 Crore Import Duty Evasion Notice
A show cause of Rs 653 crore has been slapped on Chinese phone maker Xiaomi's India unit for alleged import duty evasion
-
Xiaomi India Slapped With Rs. 653-Crore Notice for Alleged Tax Evasion
Xiaomi's India unit has been slapped with a Rs. 653 crore notice for alleged evasion of import duty, as per an official statement.
-
Watch: Shower Of Currency Notes From Building In Kolkata During Search
There was a shower of crisp currency notes from the sixth floor of a building in Kolkata's central business district on Wednesday afternoon while DRI officials were conducting a search in a private office on that floor.
-
Gujarat Court Declares Nirav Modi "Proclaimed Absconder" In Customs Case
A Gujarat court today declared fugitive diamantaire Nirav Modi as a "proclaimed absconder" in a customs duty evasion case, filed in March and ordered him to appear in person on November 15. A public notification was issued earlier in the day in newspapers, and also sent to government and police departments, where Nirav Modi was declared proclaimed ...
-
Nirav Modi Served Arrest Warrant For Evading Duty On Imported Diamonds
Revenue intelligence agency DRI has served an arrest warrant via email to absconding celebrity diamantaire Nirav Modi in a case of alleged customs duty evasion, officials said today.
-
Court Confirms Jail Term For VK Sasikala's Husband In 23-Year-Old Case
The Madras High Court on Friday confirmed the two-year jail term awarded to M Natarajan, husband of jailed AIADMK leader V K Sasikala, for evasion of customs duty on the import of a luxury car.
-
Centre Evasive On Further Cut In Petrol, Diesel Excise Duty
Oil Minister Dharmendra Pradhan remained non-committal on cutting excise duty on petrol and diesel.
