Jul 14, 2022 03:37 AM

India Accuses China’s Oppo of Evading $551 Million of Taxes

Billboards for Chinese mobile phone brands in Bangalore, India.
Billboards for Chinese mobile phone brands in Bangalore, India.

India’s tax authorities accused Chinese smartphone maker Oppo of evading customs duties totaling 43.89 billion rupees ($551 million) after investigating and levying similar allegations against Chinese tech giants including Xiaomi and Vivo.

India’s Directorate of Revenue Intelligence, part of the Ministry of Finance, said it found evidence that Oppo’s India unit willfully and wrongly described imported components used to make phones to get duty exemptions of 29.81 billion rupees. The directorate also said Oppo failed to include 14.08 billion rupees of licensing fees paid to overseas companies when calculating the value of imported goods.

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