Chinese company Oppo misappropriated around Rs 4,389 crore in customs duty: Finance Ministry


Source: newstimeexpress.com newstimeexpress.com

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The Finance Ministry has said in a statement that the smartphone maker company rigged customs duty by giving wrong information about imports by Oppo Mobiles India Private Limited of China. This company sells its smartphones in the domestic market from Oppo, OnePlus and Reality brands. New Delhi: The Directorate of Revenue Intelligence (DRI) has detected fudging of customs duty of around Rs 4,389 crore by Chinese smartphone company Oppo, the government said. Giving this information in a statement on Wednesday, the Ministry of Finance said that by giving wrong information about the import, the smartphone manufacturer rigged the customs duty....