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    PHOTO CREDIT-Piaggio Group

    The Piaggio Group and Rome celebrate the Vespa’s 80th anniversary.

    Bharat Innovates 2026 begins in Nice, forging new India–Europe deep-tech partnerships.

    Prime Minister of India Shri Narendra Modi and French President HE Emmanuel Macron Inaugurate “Bharat Innovates 2026”, Strengthening Indo-French Deep Tech Alliance

    PHOTO CREDIT-AIR INDIA

    From your home city to the world: Air India introduces ‘Easy Connect’ flights, leads rollout from Varanasi on 25 June

    Janet Truncale and Ajay Anand inaugurate ey.ai Center of Reimagination

    EY GDS Launches ey.ai Center for Reimagination in Bengaluru.

    Airbus and SkyFall form strategic alliance to advance European and Ukrainian defence innovation

  • National
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    Orient Electric launches India’s most silent fan Aerosilent.

    SWRWWO-Bengaluru Division Donates Groceries and Medical Consumables to Old-Age Home.

    ISKCON Bangalore Releases ‘Srila Prabhupada Charitamrutam’First Kannada Mahākāvya on the Life of Śrīla Prabhupāda .

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    India’s Space Economy Poised to Reach USD 45 Billion in Next Decade; over 400 Space StartUps driving the next phase of growth: Dr Jitendra Singh .

    PHOTO CREDIT-AIR INDIA

    From your home city to the world: Air India introduces ‘Easy Connect’ flights, leads rollout from Varanasi on 25 June

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    Tata Steel reports Consolidated EBITDA of Rs 34,848 crores and Profit after Tax of Rs 10,886 crores for the twelve months ended March 31, 2026

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    Ramaiah Group and University at Albany Launch RISM, India’s First Greenfield Deemed-to-be University Focused on STEM and Management.

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    PHOTO CREDIT-PHILIPS

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    India’s Space Economy Poised to Reach USD 45 Billion in Next Decade; over 400 Space StartUps driving the next phase of growth: Dr Jitendra Singh .

    Union Minister Dr. Jitendra Singh Calls for Stronger Industry-Academia Partnerships to Accelerate Science-Led Growth.

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  • Auto
    PHOTO CREDIT-Piaggio Group

    The Piaggio Group and Rome celebrate the Vespa’s 80th anniversary.

    Flex Fuel Vehicles offer India a practical solution to reduce crude oil imports, provide additional income to Indian farmers, and advance low-carbon mobility: Sh. Hardeep Singh Puri

    Audi announces third generation of the Q7.

    India’s First D+ SUV - MG MAJESTOR

    MG MAJESTOR 4X2 Automatic Top Trim Launched at INR 40.99 Lakhs(ex-showroom price)

  • Sports
    Image Credits: APL

    Gold for Kumkum Mohod and Dhiraj Bommadevara at World Cup Stage 3.

    Karun Nair Named Coastal Kings Mangaluru Captain Ahead of Maharaja Trophy KSCA T20 Season 5

    Hyderabad to Host Second Season of Archery Premier League This October; World’s Top Archers to Compete.

    Rahul Dravid Unveils Glittering Maharaja Trophy KSCA T20 for Season 5.

  • Entertainment

    Actor Dr. Rajkumar’s 97th birthday celebration on April 24th, at 10.30 am in Dr. Rajkumar Punyabhoomi premises of the Sri Kanteerava Studio .

    Doordarshan Chandana has launched an innovative farmers’ reality show named “Raitaratna” (ರೈತರತ್ನ).

    Phoenix Marketcity brings you a legendary live concert by PADMA BHUSHAN KS CHITRA.

    UNDP Goodwill Ambassador and ‘Game of Thrones’ star Nikolaj Coster-Waldau highlights Odisha’s mangrove restoration story in global documentary series

    House of McDowell’s Soda Yaari Jam, India’s Biggest Branded Live IP, Touches down in Kolkata

    “Virgin Boys” – A Bold Telugu Youth Drama Captures Hearts Across Theatres

  • Lifestyle
    • All
    • Food
    • Travel

    Samsung Announces World-First Breakthrough in Fainting Prediction With Galaxy Watch.

    “Our vision is to make nutrition a standard feature in every kitchen, not a luxury.”-Mr. Jambulingappa Hosmani, MD, Panchamrutha Industries Pvt. Ltd

    Change in timings of ration distribution and fair price shops in Bengaluru.

    Barbeque Nation presents with Kenneth Gopinath.

    HCG Expands Oncology Presence with New Hebbal Hospital.

    Leaders, clinicians, and experts at Manipal Hospital Whitefield come together to celebrate a landmark achievement in robotic-assisted surgery, reflecting the hospital’s commitment to precision-led, minimally invasive care across multiple specialties.

    Manipal Hospital Whitefield Celebrates a Landmark Achievement in Robotic Surgery.

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DRI unearths Customs duty evasion of Rs. 4389 crore by Oppo India

FWM by FWM
July 14, 2022
in National
0
13 JUL 2022 12:49PM by PIB Delhi

During an investigation pertaining to M/s Oppo Mobiles India Private Limited (hereinafter referred to as ‘Oppo India’), a subsidiary company of “Guangdong Oppo Mobile Telecommunications Corporation Ltd”, China (hereinafter referred to as ‘Oppo China’), the Directorate of Revenue Intelligence (DRI) has detected Customs duty evasion of around Rs 4,389 crore. Oppo India is engaged in the business of manufacturing, assembling, wholesale trading, distribution of mobile handsets and accessories thereof, across India. Oppo India deals in various brands of mobile phones, including Oppo, OnePlus and Realme.

During the course of investigation, searches were conducted by DRI at the office premises of Oppo India and residences of its key management employees, which led to the recovery of incriminating evidence indicating wilful mis-declaration in the description of certain items imported by Oppo India for use in the manufacture of mobile phones. This mis-declaration resulted in wrongful availment of ineligible duty exemption benefits by Oppo India amounting to Rs 2,981 crore. Among others, senior management employees and domestic suppliers of Oppo India were questioned, who in their voluntary statements accepted the submission of wrongful description before the Customs Authorities at the time of import.

Investigation also revealed that Oppo India had remitted / made provisions for payment of ‘Royalty’ and ‘Licence Fee’ to various multinational companies, including those based in China, in lieu of use of proprietary technology/brand/IPR license etc. The said ‘Royalty’ and ‘Licence Fees’ paid by Oppo India were not being added in the transaction value of the goods imported by them, in violation of Section 14 of the Customs Act, 1962, read with Rule 10 of the Customs Valuation (Determination of Value of Imported Goods) Rules 2007. The alleged duty evasion by M/s Oppo India on this account is Rs. 1,408 crore.

A sum of Rs 450 crore has been voluntarily deposited by Oppo India, as partial differential Customs duty short paid by them.

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After completion of the investigation, a Show Cause Notice has been issued to Oppo India demanding Customs duty amounting to Rs. 4,389 crore. The said Notice also proposes relevant penalties on Oppo India, its employees and Oppo China, under the provisions of the Customs Act, 1962.

Tags: Oppo India
FWM

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    Tata Steel reports Consolidated EBITDA of Rs 34,848 crores and Profit after Tax of Rs 10,886 crores for the twelve months ended March 31, 2026

    June 15, 2026
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