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    Hilton Introduces the Hilton AI Planner, Advancing the Future of Curated Travel Discovery

    Suspension of Flights to/from Doha, Jeddah and Madinah on 28 February – 4 March 2026

    Joby aircraft takes flight over Dubai at the launch of Uber Air powered by Joby, a seamless way for riders to book Joby Aviation's all-electric air taxi directly through the Uber app. Photo credit: Uber

    Get Ready for Takeoff With Uber and Joby.

    Adani Defence & Aerospace and Embraer propose E175 Final Assembly Line in India

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    ECI appoints Special Observer for the General Election to the Legislative Assembly of Assam, 2026.

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    India Emerging as Stable Investment Anchor in Turbulent Global Economy, Say Investors at IGF Mumbai 2026

    Aster DM Healthcare receives overwhelmingly positive shareholder and creditors vote for Aster-QCIL merger

    PM Mudra Yojana Provides Collateral-Free Loans up to ₹20 Lakh to Entrepreneurs and Enterprises.

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    India’s Transformation into a Global Health Powerhouse

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    KKR and Oak Hill Capital Commit Nearly $2 Billion to Leading European Data Center Platform Global Technical Realty

    Delta Electronics India to Provide 110 MW in Power Conditioning Systems to Prostarm Info Systems Ltd. for Multiple Energy Storage Projects in India

    Transforming India with AI

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    futuREady: Dacia presents its strategic roadmap for 2030

    Uber and Motional Launch Robotaxi Service in Las Vegas.

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    Hyundai Motor India Limited Reignites the Mid-size Sedan Segment-Launches the new Hyundai VERNA at a starting price of INR 10 98 400/-

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    ’Former athletes should return as coaches to strengthen Indian sport’: Anurag Thakur

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    ICC T20 World Cup 2026: The Downfall of Australian Stocks in White-ball Cricket.

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

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    A New Era in Luxury Weddings – Vogue Wedding Atelier Debuts in India

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    Labels Were Never Her Size – Campus Activewear Celebrates Zeenat Aman This Women’s Day.

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    Suspension of Flights to/from Doha, Jeddah and Madinah on 28 February – 4 March 2026

    Addressing India’s vertigo challenge, NeuroEquilibrium expands specialised clinics in Bengaluru

    Britannia Celebrates 30 Years of 50-50 with the launch of the New Cheeze Dipped Crunchy Layered Sandwich

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

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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