DRI detects customs duty evasion of ₹2,217 cr by Vivo India
Searches were conducted by DRI officers at the factory premises of Vivo India.
Searches were conducted by DRI officers at the factory premises of Vivo India.
The court has directed Vivo to furnish bank guarantee of ₹950 crore and maintain a balance of ₹250 crore for unfreezing its bank accounts.
The Enforcement Directorate has so far seized ₹465 crore including fixed deposits (FDs) to the tune of ₹66 crore of Vivo India.