Telcos in crosshairs of DRI & Customs over router imports, notices to over dozen firms

[ad_1] The Directorate of Revenue Intelligence (DRI) and the Customs are at loggerheads with telecom companies, this time over alleged “mis-classification” of import of routers and modems to evade Customs duty. Over a dozen telecom companies have received show cause notices, some as recently as a few weeks ago, from the DRI or the Customs […]

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DRI detects ₹2,217 crore customs duty evasion by Vivo India

[ad_1] After completion of the investigation, a show cause notice has been issued to Vivo India. After completion of the investigation, a show cause notice has been issued to Vivo India. The Directorate of Revenue Intelligence (DRI) has detected customs duty evasion of around ₹2,217 crore by smartphone maker Vivo India, a subsidiary of China-based […]

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