Highlights

  • After Vivo another Chinese mobile company is under scanner
  • Oppo deals in various brands of mobile phones, including Oppo, OnePlus and Realme

Latest news

Oxford Union debate: Indian law student calls out Pakistan's terror politics, video goes viral

Oxford Union debate: Indian law student calls out Pakistan's terror politics, video goes viral

Trump administration moves to overhaul how H-1B visas are granted, ending lottery system

Trump administration moves to overhaul how H-1B visas are granted, ending lottery system

ISRO's LVM3 rocket places US communication satellite into low earth orbit

ISRO's LVM3 rocket places US communication satellite into low earth orbit

‘Biggest fugitives’ Lalit Modi, Vijay Mallya captured on London party video

‘Biggest fugitives’ Lalit Modi, Vijay Mallya captured on London party video

Libya's top military chief killed in plane crash in Turkey

Libya's top military chief killed in plane crash in Turkey

New Epstein files reference Trump, justice department calls some claims untrue

New Epstein files reference Trump, justice department calls some claims untrue

Oppo Enco Buds3 Pro+ Review: ANC That Actually Works Under ₹2,500

Oppo Enco Buds3 Pro+ Review: ANC That Actually Works Under ₹2,500

Permission denied for Vijay Hazare trophy match at Chinnaswamy Stadium on December 24

Permission denied for Vijay Hazare trophy match at Chinnaswamy Stadium on December 24

After Vivo, Oppo under strong scrutiny of Indian government

Chinese subsidiary Oppo India caught in customs duty evasion of ₹4,389 crore: DRI

After Vivo, Oppo under strong scrutiny of Indian government

Days after Enforcement Directorate raided Vivo in a money-laundering investigation, the Directorate of Revenue Intelligence (DRI) searched offices of mobile company Oppo India.

According to reports, during the course of the investigation the agency recovered incriminating evidence that point towards customs duty evasion of nearly ₹4389 crore by the company.

The DRI in a statement said that there was a misdeclaration in description of certain items and that resulted in “wrongful availment of ineligible duty exemption benefits” by Oppo India amounting to ₹2,981 crore.

Oppo India is engaged in the business of manufacturing, assembling, wholesale trading, distribution of mobile handsets and accessories across India. The India unit of the Chinese firm deals in various brands of mobile phones, including Oppo, OnePlus and Realme.

ADVERTISEMENT

Up Next

After Vivo, Oppo under strong scrutiny of Indian government

After Vivo, Oppo under strong scrutiny of Indian government

New Zealand commits USD 20 bn investment in India under FTA in 15 yrs; on lines of EFTA pact

New Zealand commits USD 20 bn investment in India under FTA in 15 yrs; on lines of EFTA pact

India, New Zealand conclude FTA talks; pact to offer duty-free access, USD 20 bn FDI

India, New Zealand conclude FTA talks; pact to offer duty-free access, USD 20 bn FDI

FTA with New Zealand to significantly deepen bilateral economic engagement: Govt

FTA with New Zealand to significantly deepen bilateral economic engagement: Govt

Rupee breaches 91-mark against US dollar for first time in intra-day trade

Rupee breaches 91-mark against US dollar for first time in intra-day trade

Microsoft commits USD 17.5 billion investment in India: CEO Satya Nadella

Microsoft commits USD 17.5 billion investment in India: CEO Satya Nadella

ADVERTISEMENT

editorji-whatsApp

More videos

CBI books Anil Ambani's son, Reliance Home Finance Ltd. in Rs 228 crore bank fraud case

CBI books Anil Ambani's son, Reliance Home Finance Ltd. in Rs 228 crore bank fraud case

RBI raises FY26 GDP growth projection to 7.3 pc

RBI raises FY26 GDP growth projection to 7.3 pc

RBI trims policy interest rate by 25bps to 5.25pc, loans to get cheaper

RBI trims policy interest rate by 25bps to 5.25pc, loans to get cheaper

Rupee slumps to all-time low of 90.25 against US dollar in intra-day trade

Rupee slumps to all-time low of 90.25 against US dollar in intra-day trade

Reliance completes merger of Star Television Productions with Jiostar

Reliance completes merger of Star Television Productions with Jiostar

India to lead emerging market growth with 7pc GDP rise in 2025: Moody’s

India to lead emerging market growth with 7pc GDP rise in 2025: Moody’s

Nifty hits record high after 14 months; Sensex nears all-time peak

Nifty hits record high after 14 months; Sensex nears all-time peak

Reliance stops Russian oil use at its only-for-export refinery to comply with EU sanctions

Reliance stops Russian oil use at its only-for-export refinery to comply with EU sanctions

ED attaches fresh assets worth over Rs 1,400 cr in case against Anil Ambani's Reliance Group

ED attaches fresh assets worth over Rs 1,400 cr in case against Anil Ambani's Reliance Group

India signs one-year deal to import 2.2 million tonnes of LPG from US

India signs one-year deal to import 2.2 million tonnes of LPG from US

Editorji Technologies Pvt. Ltd. © 2022 All Rights Reserved.