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India accuses Chinese phone maker Oppo of tax evasion as probes grow

July 14, 2022
Source: alsiasi.com alsiasi.com
News Snapshot:
India accuses Chinese phone maker Oppo of tax evasion as probes grow India is seeking 43.89 billion rupees ($551 million) from smartphone maker Oppo for allegedly evading customs duties, the latest in a flurry of accusations by Delhi against Chinese tech giants. The anti-smuggling agency has searched the offices of Guangdong Oppo Mobile Telecommunications Corp.’s local unit and questioned management, India’s Finance Ministry said on Wednesday. It found “incriminating evidence indicating willful mis-declaration of imported tools and components used to make phones, according to a statement. The Oppo unit also failed to include licensing fees paid to overseas companies when...
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Tags: bank | Bloomberg | cash | Chinese | communications | court | customs | Delhi | fee | finance | financial | fraud | Gold | Guangdong | India | Indian | IT | licensing | mobile | New Delhi | patent | smartphone | technology | Xiaomi | ZTE

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