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Probe Agency Accuses Vivo Of $280 Million Tax Evasion

Reuters
Vivo Mobile has been accused of evading taxes worth 22.1 billion rupees.

A government agency has accused Chinese-owned Vivo Mobile of evading taxes worth 22.1 billion rupees ($280 million), it said in a statement

A government agency has accused Chinese-owned Vivo Mobile of evading taxes worth 22.1 billion rupees ($280 million), it said in a statement

Directorate of Revenue Intelligence detected customs duty evasion, following which it has issued a show cause notice to Vivo India, the statement said.

Vivo India did not immediately respond to a Reuters request for comment.

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