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More Chinese Companies Accused of Customs Fraud in India, OPPO May Face Severe Penalties

News Snapshot:

Following in the footsteps of Xiaomi and Vivo, another Chinese tech company has been accused of violating laws in India. The Chinese smartphone giant Guangdong Oppo Mobile Telecommunications Corp., Ltd. (OPPO) is accused of evading more than $571 million in import duties. On July 13, the Directorate of Revenue Intelligence (DRI), India’s anti-smuggling agency, issued a press release ( [pdf] ) alleging OPPO India evaded paying Rs. 4,389 crore (about $571 million) in customs duties. The DRI operates under the Central Board of Indirect Taxes and Customs (CBIC), Department of Revenue, Ministry of Finance, and the Government of India. “A…

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