OPPO INDIA TO EXPLORE REMEDIES UNDER LAW OVER CUSTOMS DUTY EVASION CHARGES

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New Delhi, July 13 (UNI) As the Directorate of Revenue Intelligence (DRI) unearthed alleged customs duty evasion of nearly Rs 4,389 crore by OPPO India, the smartphone maker on Wednesday said it will take appropriate steps against the DRI show cause notice, including “remedies provided under the law”.

The DRI said in its statement that it detected that Oppo Mobiles India Private Ltd has evaded customs duty of around Rs 4,389 crore.

OPPO India told IANS that it has a different view on the charges mentioned in the show cause notice.

“We believe it’s an industry-wide issue many corporates are working on. OPPO India is reviewing the show cause notice received from DRI, and we are going to reply to the notice, presenting our side, and will be working further with the related government departments,” the company said.

OPPO India said that it is a responsible corporate and believes in a prudent corporate governance framework.

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