Highlights

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

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After Vivo, Oppo under strong scrutiny of Indian government

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

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.

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