DRI slaps Rs 620-cr claim on IBM for unpaid duties

BENGALURU: The Directorate of Revenue Intelligence (DRI) has issued a notice to technology major IBM, asking it to pay Rs 620 crore in unpaid customs duties for equipment imported into the country, three people familiar with the development told ET.

The DRI — which began investigating the suspected under-invoicing of equipment in 2014 — sent notices to IBM last week, the people said.