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

Date:

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.

Share post:

Popular

More like this
Related

Supreme Court permits Kerala Pravasi Association to approach Union Health Ministry over defective anti-Rabies vaccine

THIRUVANANTAPURAM: The Supreme Court has granted Kerala Pravasi Association...

All Genuine Claims Approved: Meesho tightens supply chain processes for greater fairness

HYDERABAD: Meesho, one of India’s major e-commerce marketplaces, has...

Telangana govt offers up to ₹8.65 lakh for housing: Who is eligible, how to apply?

By M. Rajanikanth | Bureau Chief HYDERABAD: The Telangana Government’s...

DPRs for new Metro Rail networks should be completed by March-end, CM Revanth instructs officials

Hyderabad: Telangana Chief Minister A. Revanth Reddy has ordered...