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 Vivo […]
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The Finance Minister said the three chinese mobile companies are Oppo, Vivo India and Xiaomi The Finance Minister said the three chinese mobile companies are Oppo, Vivo India and Xiaomi The government is looking into cases of alleged tax evasion by three mobile companies of China and notices have been given to them, Finance Minister […]
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The Enforcement Directorate (ED) on Thursday said the Indian arm of Chinese smartphone maker Vivo “remitted” almost 50% of its turnover, which is ₹62,476 crore, mainly to China in order to avoid paying taxes in India. The federal probe agency also said it has seized funds worth ₹465 crore kept in 119 bank accounts by […]
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