India says Oppo’s local unit evaded $550 million in import tax

India’s Directorate Of Revenue Intelligence, part of the country’s finance ministry, said on Wednesday phone-maker Oppo’s India unit evaded customs duty of $550 million, following similar probes into local units of other Chinese giants Xiaomi and Vivo that prompted Beijing to issue a warning earlier this month.
The finance ministry said it has found evidence that Oppo India “wilfully” wrongly declared description of certain items it imported in the nation, which allowed it to avail duty exemption benefits of $374.3 million.
The ministry said it searched the office

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