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    Milk procurement, processing, and supply across the country have remained uninterrupted amid the ongoing West Asia crisis

    Advertising leaders join Rocketium to scale AI-powered creative production platform.

    Malaysia Aviation Group Renews Partnership with MATTA, Strengthening Role as Official Airline Partner and Premier Sponsor of Malaysia’s Largest Travel Fair.

    New Report Charts Key Strategies and Trade-Offs for Long-Term Growth

    TGS Signs Strategic Agreement with the Republic of Equatorial Guinea to Advance Seismic Data Development.

    Media OutReach Newswire Appoints Pamela Phua as Managing Partner, Southeast Asia to Champion Singapore and Southeast Asian Brand Expansion into Global Markets.

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    Akshaya Tritiya celebrations at Sri Sai Gold Palace Actress Sudharani doubles the excitement

    𝗚𝗿𝗮𝗻𝗱 ‘𝗧𝗶𝗿𝘂𝗽𝗮𝘁𝗶 𝗩𝗲𝗻𝗸𝗮𝘁𝗲𝘀𝗵𝘄𝗮𝗿𝗮’ 𝗧𝗲𝗺𝗽𝗹𝗲 𝘁𝗼 𝗯𝗲 𝗖𝗼𝗻𝘀𝘁𝗿𝘂𝗰𝘁𝗲𝗱 𝗶𝗻 𝗕𝗲𝗹𝗮𝗴𝗮𝘃𝗶 𝗮𝘁 𝗮 𝗖𝗼𝘀𝘁 𝗼𝗳 𝗥𝘀. 𝟭𝟬𝟬 𝗖𝗿𝗼𝗿𝗲: 𝟳 𝗔𝗰𝗿𝗲𝘀 𝗼𝗳 𝗟𝗮𝗻𝗱 𝗛𝗮𝗻𝗱𝗲𝗱 𝗢𝘃𝗲𝗿 𝘁𝗼 𝗧𝗧𝗗: 𝗧𝗧𝗗 𝗠𝗲𝗺𝗯𝗲𝗿 𝗦. 𝗡𝗮𝗿𝗲𝘀𝗵 𝗞𝘂𝗺𝗮𝗿

    Titan Launches Zero Hour, its Performance Sports Line, with 500M Professional Diver’s Watch.

    Milk procurement, processing, and supply across the country have remained uninterrupted amid the ongoing West Asia crisis

    ECI flags off Phase-II of International Election Visitors’ Programme-2026

    OPPO India Launches the F33 Series, the Mid-Range Selfie Champion.

  • Business

    Milk procurement, processing, and supply across the country have remained uninterrupted amid the ongoing West Asia crisis

    South Zone Consultation Workshop on New Textile Schemes (Budget 2026-27) held in Bengaluru

    New Report Charts Key Strategies and Trade-Offs for Long-Term Growth

  • Health

    Iberia Pharmaceuticals aim to set new standards in skincare with KeyCi.

    Happiest Health Expands Dental Care Portfolio with Second Happiest Pearls Dental Clinic in Whitefield, Bangalore

    Mission Poshan 2.0 Strengthening India’s Nutrition Ecosystem .

    Herbalife to Expand Its Personalized Nutritional Supplement Capabilities Through Planned Acquisition of Bioniq .

    Avee Kids Rebrands as Syoat Kids, Strengthening Its Oat-Focused Care Vision for Children

    Kenvue India and Indian Academy of Pediatrics Bengaluru Spotlight Evidence-Based Skincare for Pediatric Sensitive Skin at ‘Oat Nature Lab’

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    Titan Launches Zero Hour, its Performance Sports Line, with 500M Professional Diver’s Watch.

    OPPO India Launches the F33 Series, the Mid-Range Selfie Champion.

    HAL Hands Over Four ALH Mk III (MR) Helicopters to Indian Coast Guard, Meets Delivery Timeline.

    From Classrooms to Careers: Samsung Innovation Campus Certifies 5,000 Youth in Tamil Nadu for an AI-Driven Future.

    International Conference on Spacecraft Mission Operations (SMOPS-2026) Commences in Bengaluru .

    Protectt.ai Earns Prestigious Great Place To Work® Certification for 2026, Driving AI Innovation Through a People-First Culture.

  • Auto

    Womaniya: Building Inclusive Market Access for Women Entrepreneurs

    Tata Motors Delivers First Batch of electric Prima E.55S to BillionE Mobility; Advances Zero-Emission Freight Transport.

    Tata Motors Expands India’s Most Comprehensive Electric CV Portfolio Launches Tata Intra EV Pickup at an unmatched price of Rs. 11.95 lakh.

    Honda Expands Two-Wheeler Production Capacity in India with New Line at Tapukara Plant

  • Sports

    NGOs, corporates, & citizens unite to raise over INR 5 crores and counting, for Social Good at the TCS World 10K Bengaluru 2026.

    Titan Launches Zero Hour, its Performance Sports Line, with 500M Professional Diver’s Watch.

    Air India Express comes on board as an Airline Partner for TCS World 10K Bengaluru 2026.

    Defending Champions Abhishek Pal & Sanjivani Jadhav lead a record-breaking 35,000+ participants on Race Day, April 26

  • 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

    Akshaya Tritiya celebrations at Sri Sai Gold Palace Actress Sudharani doubles the excitement

    Titan Launches Zero Hour, its Performance Sports Line, with 500M Professional Diver’s Watch.

    Marks & Spencer Introduces its new ‘Love That’ campaign – Inspired by the power of a simple compliment

    Iberia Pharmaceuticals aim to set new standards in skincare with KeyCi.

    PMJ Jewels Celebrates Akshaya Tritiya with “Rajeev’s IQ vs. Suma’s GB” Campaign.

    Mission Poshan 2.0 Strengthening India’s Nutrition Ecosystem .

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  • Home
  • World

    Milk procurement, processing, and supply across the country have remained uninterrupted amid the ongoing West Asia crisis

    Advertising leaders join Rocketium to scale AI-powered creative production platform.

    Malaysia Aviation Group Renews Partnership with MATTA, Strengthening Role as Official Airline Partner and Premier Sponsor of Malaysia’s Largest Travel Fair.

    New Report Charts Key Strategies and Trade-Offs for Long-Term Growth

    TGS Signs Strategic Agreement with the Republic of Equatorial Guinea to Advance Seismic Data Development.

    Media OutReach Newswire Appoints Pamela Phua as Managing Partner, Southeast Asia to Champion Singapore and Southeast Asian Brand Expansion into Global Markets.

  • National
    • All
    • Economy & Politics
    • Election

    Akshaya Tritiya celebrations at Sri Sai Gold Palace Actress Sudharani doubles the excitement

    𝗚𝗿𝗮𝗻𝗱 ‘𝗧𝗶𝗿𝘂𝗽𝗮𝘁𝗶 𝗩𝗲𝗻𝗸𝗮𝘁𝗲𝘀𝗵𝘄𝗮𝗿𝗮’ 𝗧𝗲𝗺𝗽𝗹𝗲 𝘁𝗼 𝗯𝗲 𝗖𝗼𝗻𝘀𝘁𝗿𝘂𝗰𝘁𝗲𝗱 𝗶𝗻 𝗕𝗲𝗹𝗮𝗴𝗮𝘃𝗶 𝗮𝘁 𝗮 𝗖𝗼𝘀𝘁 𝗼𝗳 𝗥𝘀. 𝟭𝟬𝟬 𝗖𝗿𝗼𝗿𝗲: 𝟳 𝗔𝗰𝗿𝗲𝘀 𝗼𝗳 𝗟𝗮𝗻𝗱 𝗛𝗮𝗻𝗱𝗲𝗱 𝗢𝘃𝗲𝗿 𝘁𝗼 𝗧𝗧𝗗: 𝗧𝗧𝗗 𝗠𝗲𝗺𝗯𝗲𝗿 𝗦. 𝗡𝗮𝗿𝗲𝘀𝗵 𝗞𝘂𝗺𝗮𝗿

    Titan Launches Zero Hour, its Performance Sports Line, with 500M Professional Diver’s Watch.

    Milk procurement, processing, and supply across the country have remained uninterrupted amid the ongoing West Asia crisis

    ECI flags off Phase-II of International Election Visitors’ Programme-2026

    OPPO India Launches the F33 Series, the Mid-Range Selfie Champion.

  • Business

    Milk procurement, processing, and supply across the country have remained uninterrupted amid the ongoing West Asia crisis

    South Zone Consultation Workshop on New Textile Schemes (Budget 2026-27) held in Bengaluru

    New Report Charts Key Strategies and Trade-Offs for Long-Term Growth

  • Health

    Iberia Pharmaceuticals aim to set new standards in skincare with KeyCi.

    Happiest Health Expands Dental Care Portfolio with Second Happiest Pearls Dental Clinic in Whitefield, Bangalore

    Mission Poshan 2.0 Strengthening India’s Nutrition Ecosystem .

    Herbalife to Expand Its Personalized Nutritional Supplement Capabilities Through Planned Acquisition of Bioniq .

    Avee Kids Rebrands as Syoat Kids, Strengthening Its Oat-Focused Care Vision for Children

    Kenvue India and Indian Academy of Pediatrics Bengaluru Spotlight Evidence-Based Skincare for Pediatric Sensitive Skin at ‘Oat Nature Lab’

  • Technology
    • All
    • Environment
    • Science

    Titan Launches Zero Hour, its Performance Sports Line, with 500M Professional Diver’s Watch.

    OPPO India Launches the F33 Series, the Mid-Range Selfie Champion.

    HAL Hands Over Four ALH Mk III (MR) Helicopters to Indian Coast Guard, Meets Delivery Timeline.

    From Classrooms to Careers: Samsung Innovation Campus Certifies 5,000 Youth in Tamil Nadu for an AI-Driven Future.

    International Conference on Spacecraft Mission Operations (SMOPS-2026) Commences in Bengaluru .

    Protectt.ai Earns Prestigious Great Place To Work® Certification for 2026, Driving AI Innovation Through a People-First Culture.

  • Auto

    Womaniya: Building Inclusive Market Access for Women Entrepreneurs

    Tata Motors Delivers First Batch of electric Prima E.55S to BillionE Mobility; Advances Zero-Emission Freight Transport.

    Tata Motors Expands India’s Most Comprehensive Electric CV Portfolio Launches Tata Intra EV Pickup at an unmatched price of Rs. 11.95 lakh.

    Honda Expands Two-Wheeler Production Capacity in India with New Line at Tapukara Plant

  • Sports

    NGOs, corporates, & citizens unite to raise over INR 5 crores and counting, for Social Good at the TCS World 10K Bengaluru 2026.

    Titan Launches Zero Hour, its Performance Sports Line, with 500M Professional Diver’s Watch.

    Air India Express comes on board as an Airline Partner for TCS World 10K Bengaluru 2026.

    Defending Champions Abhishek Pal & Sanjivani Jadhav lead a record-breaking 35,000+ participants on Race Day, April 26

  • 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

    Akshaya Tritiya celebrations at Sri Sai Gold Palace Actress Sudharani doubles the excitement

    Titan Launches Zero Hour, its Performance Sports Line, with 500M Professional Diver’s Watch.

    Marks & Spencer Introduces its new ‘Love That’ campaign – Inspired by the power of a simple compliment

    Iberia Pharmaceuticals aim to set new standards in skincare with KeyCi.

    PMJ Jewels Celebrates Akshaya Tritiya with “Rajeev’s IQ vs. Suma’s GB” Campaign.

    Mission Poshan 2.0 Strengthening India’s Nutrition Ecosystem .

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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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𝗚𝗿𝗮𝗻𝗱 ‘𝗧𝗶𝗿𝘂𝗽𝗮𝘁𝗶 𝗩𝗲𝗻𝗸𝗮𝘁𝗲𝘀𝗵𝘄𝗮𝗿𝗮’ 𝗧𝗲𝗺𝗽𝗹𝗲 𝘁𝗼 𝗯𝗲 𝗖𝗼𝗻𝘀𝘁𝗿𝘂𝗰𝘁𝗲𝗱 𝗶𝗻 𝗕𝗲𝗹𝗮𝗴𝗮𝘃𝗶 𝗮𝘁 𝗮 𝗖𝗼𝘀𝘁 𝗼𝗳 𝗥𝘀. 𝟭𝟬𝟬 𝗖𝗿𝗼𝗿𝗲: 𝟳 𝗔𝗰𝗿𝗲𝘀 𝗼𝗳 𝗟𝗮𝗻𝗱 𝗛𝗮𝗻𝗱𝗲𝗱 𝗢𝘃𝗲𝗿 𝘁𝗼 𝗧𝗧𝗗: 𝗧𝗧𝗗 𝗠𝗲𝗺𝗯𝗲𝗿 𝗦. 𝗡𝗮𝗿𝗲𝘀𝗵 𝗞𝘂𝗺𝗮𝗿

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