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Revenue Intelligence Detects Customs Duty Evasion Of Rs 2,217 Crore By Vivo India, Issues Show Cause Notice

Revenue Intelligence Detects Customs Duty Evasion Of Rs 2,217 Crore By Vivo India, Issues Show Cause Notice
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DRI detects customs duty evasion of Rs 2,217 cr by Vivo Mobile India

The Directorate of Revenue Intelligence (DRI) has detected customs duty evasion of around Rs 2,217 crore by Vivo Mobile India Private Limited.A show cause notice has been issued to Vivo India demanding customs duty amounting to Rs 2,217 crore, . ....

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DRI Says Vivo India Evaded Customs Duty Worth Rs 2,217 Crore

Searches have led to the recovery of incriminating evidence indicating wilful misdeclaration in the description of certain items imported by Vivo India for use in the manufacture of mobile phones, the finance ministry said. ....

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