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Vivo is accused by an Indian agency of evading taxes by $280 million

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Vivo is accused by an Indian agency of evading taxes by $280 million

According to a statement from the Indian government agency, Vivo Mobile, which is owned by China, has been accused of evading taxes of 22.1 billion Indian rupees ($280 million).

The tax evasion charge against a Chinese phone manufacturer is the second this week from India.

According to the statement, India’s Directorate of Revenue Intelligence (DRI) revealed customs duty evasion and as a result, Vivo India was given a show cause notice. A formal request for an accused party to defend themselves is known as a show cause notice.

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The DRI’s investigation led to the finding of “incriminating evidence indicating wilful misdeclaration in the description of certain items imported,” the statement said.

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