 "Vivo")
During an investigation pertaining to Vivo Mobile India Private Limited, the Directorate of Revenue Intelligence (DRI) on Wednesday said it has detected customs duty evasion of around Rs 2,217 crore, said the government.
Vivo India is a subsidiary company of Vivo Communication Technology Co. Ltd., Guangdong, China, and is engaged in the business of manufacturing, assembling, wholesale trading as well as distribution of mobile handsets and accessories thereof.
"During the course of investigation, searches were conducted by DRI officers at the factory premises of M/s Vivo India, which led to the recovery of incriminating evidence indicating wilful mis-declaration in the
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