New Delhi – The Directorate of Revenue Intelligence (DRI) caught the tax violation by the Chinese mobile manufacturing company ‘Vivo Mobile India Private Limited’, of Rs 2,217 crore. The DRI officials raided Vivo India’s factory premises. They found proof that purposely wrong explanations were given for the imported mobile parts needed for the manufacture of mobile units.
Directorate of Revenue Intelligence detects Rs 2,217 crore customs duty evasion by Vivo Mobile India, had earlier found tax evasion by Oppohttps://t.co/nRVQcyh6Kf
— OpIndia.com (@OpIndia_com) August 4, 2022
The DRI gave a show cause notice and made a demand of Rs 2,217 crore under the Customs Act 1962. The Vivo India deposited Rs 60 crore voluntarily.