Vivo India in fresh trouble, DRI detects customs duty evasion of Rs 2,217 cr; show cause notice issued

The Directorate of Revenue Intelligence (DRI) has detected customs duty evasion of around Rs 2,217 crore by smartphone maker Vivo India, a subsidiary of China-based Vivo Communication Technology, a Finance Ministry statement issued Wednesday said. After completion of the investigation, a show cause notice has been issued to Vivo India demanding customs duty amounting to Rs 2,217 crore, under the provisions of the Customs Act, 1962, it added.

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