TIWN
New Delhi, July 13 (TIWN): As the Directorate of Revenue Intelligence (DRI) unearthed alleged customs duty evasion of nearly Rs 4,389 crore by OPPO India, the smartphone maker on Wednesday said it will take appropriate steps against the DRI show cause notice, including "remedies provided under the law".
OPPO India told IANS that it has a different view on the charges mentioned in the show cause notice. "We believe it's an industry-wide issue many corporates are working on. OPPO India is reviewing the show cause notice received from DRI, and we are going to reply to the notice, presenting our side, and will be working further with the related government departments," the company said. OPPO India said that it is a responsible corporate and believes in a prudent corporate governance framework. "OPPO India will take appropriate steps as may be needed in this regard including any remedies provided under the law," it added. OPPO is the third Chinese smartphone maker in India, after Vivo and Xiaomi, that have come under the government's scanner for various charges, like the Prevention of Money Laundering Act (PMLA) in the case of Vivo and the Foreign Exchange Management Act (FEMA) violations in the case of Xiaomi.
- Kyiv admits 'tactical successes' of Russian troops in Kharkiv
- Death toll from building collapse in Russia's Belgorod rises to 14
- US House votes to kill motion to remove Speaker Mike Johnson
- US refutes allegations of meddling in Indian elections
- Israel to continue Rafah operation as Gaza truce talks collapse: Official