Xiaomi, Oppo, Vivo and Lenovo under probe over alleged GST evasionThe Indian government is pursuing unpaid tax dues from Chinese smartphone brands, including Xiaomi, Oppo, Vivo, and PC maker Lenovo, and in...
22 Jul, 2023, 01.09 AM IST
Vivo to continue with India investment, eyes expansion"We remain committed to the India market and are working to increase the production capacity of the manufacturing unit. Within this year, w...
19 Oct, 2022, 12.24 AM IST
Vivo's India business reports net profit of ₹552 crore in FY21The Chinese smartphone maker’s India business reported a net profit of Rs 552 crore on an operating revenue of Rs 24,725 crore in FY21, acc...
12 Sep, 2022, 11.40 PM IST
Mobile handset assembly imports to attract 15% duty, 10% for display onlyImport of display assembly of cellular mobile phones along with back-support frames will attract a basic customs duty (BCD) of 10%, the Cen...
20 Aug, 2022, 12.28 AM IST
India probes may adversely affect operating results or cash flows: XiaomiChinese smartphone maker Xiaomi on Friday said the ongoing investigations and allegations in India could take a long period of time to sett...
19 Aug, 2022, 05.35 PM IST
HC allows 14 entities to operate bank accounts in Vivo-ED caseThe said permissions are subject to maintaining the balance which stood in the accounts as on the date of agency's search in a money launde...
09 Aug, 2022, 12.06 AM IST
Crack down on OPPO, Vivo, Xiaomi can push them to leave India: Chinese state mediaGovernment is looking into cases of alleged tax evasion by three Chinese mobile companies, OPPO, Vivo India and Xiaomi.
06 Aug, 2022, 06.53 PM IST
India sees spurt in 5G smartphone shipments from China despite recent crackdowns on alleged tax evasionDespite the spurt of recent crackdowns in India, most of the major Chinese smartphone brands in the top five smartphone leaderboard registe...
04 Aug, 2022, 11.21 AM IST
DRI detects customs duty evasion of Rs 2217 crore by Vivo India, show cause notice issued“During the course of investigation, searches were conducted by DRI officers at the factory premises of M/s Vivo India, which led to the re...
03 Aug, 2022, 08.42 PM IST
'Duty evasion' by Chinese phone firms in India under lensSitharaman said the Directorate of Revenue Intelligence (DRI) had issued a ₹4,389 crore customs duty demand notice to Oppo India.
03 Aug, 2022, 05.03 AM IST
Notices issued to three Chinese mobile companies for tax evasion: Nirmala Sitharaman"Three show-cause notices have been issued to them and the approximate duty liability there is about Rs 653 crore. For the three show cause...
02 Aug, 2022, 02.44 PM IST
Chinese smartphone giant Honor pulls out team from India: ReportHonor’s India business to be managed by local partners amid tightening scrutiny of Chinese smartphone makers
25 Jul, 2022, 01.03 PM IST
MeitY flags revenue dept's move to levy customs duty on phone display partsThe seeming differences in views between the two departments, government and industry executives say, is relevant for duty evasion notices ...
18 Jul, 2022, 08.33 AM IST
HC permits Vivo India to operate bank accounts frozen by EDThe Enforcement Directorate (ED) on July 5 in a communication sent to all nine banks had ordered a debit freeze of all Vivo bank accounts.
13 Jul, 2022, 01.08 PM IST
ED raids disrupts business, hurts environment for foreign investors: Chinese embassyThe ED on Tuesday had raided 44 locations of Chinese smartphone manufacturer Vivo and enterprises linked to it, as part of a PMLA (preventi...
06 Jul, 2022, 11.29 PM IST
Vivo distributor in J&K under lens for forgeryAccording to the complaint, the distributor projects itself as a subsidiary of Vivo China and has submitted fake address details on Chinese...
11 Jun, 2022, 09.19 AM IST
Multiagency probe ordered against Indian operations of Chinese smartphone makersThe probe comes amidst allegations ranging from evasion of duties to unfair trade practices against these companies.
10 Jan, 2022, 03.06 PM IST