The Chinese state-run media has said that smartphone makers like Vivo, OPPO and Xiaomi should not give up using legal weapons to defend their legitimate rights as the Indian probe agencies are tightening their grip against the companies.
Last week, the ED had conducted searches on the premises of Chinese companies, including smartphone maker Vivo, at 44 locations in 22 states, discovering that the company remitted 50 percent of its total sales to China.
The court also directed the Chinese firm to submit details about its bank activities and remittances to the Enforcement Directorate (ED) and posted the matter for further hearing on July 28.
The Directorate of Revenue Intelligence (DRI) detected that Oppo Mobiles India Private Ltd has evaded customs duty of around Rs 4,389 crore. The smartphone maker said it would take appropriate steps against the DRI show cause notice, including remedies provided under the law.
In April, the ED had said they seized Rs 5,551.27 crore of Xiaomi Technology India Private Ltd lying in the bank accounts under the provisions of Foreign Exchange Management Act in connection with the illegal outward remittances made by the company.
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