Oppo India slapped with Rs 4400 cr tax notice for customs duty evasion; revenue dept raises heat on Chinese co

Oppo India Latest News: The Directorate of Revenue Intelligence has raised a tax demand of Rs 4,389 crore on Oppo Mobiles India, raising heat on the Chinese smartphone maker in a case of customs duty evasion, the Ministry of Finance said Wednesday. Oppo India is a subsidiary of Guangdong Oppo Mobile Telecommunications Corp Ltd. Earlier last week, the Enforcement Directorate (ED) had said that another Chinese smartphone maker Vivo illegally transferred Rs 62,476 crore, which is almost 50% of its turnover, to China to avoid paying taxes in India.