Centre Sent Notice To 3 Chinese Firms For Tax Evasion: Nirmala Sitharaman
NDTV
Replying to supplementaries during the Question Hour, finance minister said the three companies are Oppo, Vivo India and Xiaomi.
The government is looking into cases of alleged tax evasion by three mobile companies of China and notices have been given to them, Finance Minister Nirmala Sitharaman informed Rajya Sabha today.
Replying to supplementaries during the Question Hour, the minister said the three companies are Oppo, Vivo India and Xiaomi.
The Department of Revenue Intelligence (DRI) has issued a notice to mobile company Oppo for total customs duty of Rs 4,389 crore and these are on the grounds of mis-declaration of certain goods leading to a short payment in customs duty, she said, adding, "duty evasion we think is about Rs 2,981 crore".
"Undervaluation of imported goods for the purpose of payment of customs duty, that we think is an evasion of Rs 1,408 crore," she said.
