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DRI detected customs evasion worth over 2.21 crore by Vivo India: Govt

Vivo India is a subsidiary of China's Vivo Communication Technology Co. Ltd and is involved in manufacturing, assembling, wholesale trading as well as distribution of mobile handsets and accessories thereof.

After the DRI's investigation was completed, a show cause notice was issued to Vivo India under provisions of the Customs Act, 1962.(Reuters file photo)
After the DRI's investigation was completed, a show cause notice was issued to Vivo India under provisions of the Customs Act, 1962.(Reuters file photo)
Updated on Aug 03, 2022 06:56 PM IST
Written by Harshit Sabarwal | Edited by Sohini Goswami, New Delhi

Vivo accused of committing ‘heinous economic offences' by ED in Delhi High Court

Chinese mobile brand Vivo has been facing ED heat for quite some time now. 

Multiple raids linked to Vivo were carried out by the ED earlier this month.  (File image)
Multiple raids linked to Vivo were carried out by the ED earlier this month.  (File image)
Published on Jul 25, 2022 07:55 PM IST
By | Edited by Swati Bhasin, New Delhi

Consider Vivo plea for account access: Delhi HC to ED

Justice Yashwant Varma also sought the stand of the investigating agency on the company’s plea seeking to set aside the ED order of July 5 through which all its bank accounts were frozen.

A scooterist rides past a shopping complex with the billboard of Chinese smartphone maker Vivo in Ahmedabad, India, December 14, 2018 REUTERS/Amit Dave (REUTERS)
A scooterist rides past a shopping complex with the billboard of Chinese smartphone maker Vivo in Ahmedabad, India, December 14, 2018 REUTERS/Amit Dave (REUTERS)
Updated on Jul 09, 2022 06:05 AM IST
By, New Delhi

Delhi HC directs ED to decide Vivo's request to operate bank accounts

Vivo India approached the Delhi high court challenging the central probe agency's order of July 5 through which all its bank accounts were frozen in connection with a money laundering case.

A Vivo logo is seen at a shopping mall in Shanghai,(REUTERS file)
A Vivo logo is seen at a shopping mall in Shanghai,(REUTERS file)
Published on Jul 08, 2022 04:19 PM IST
Reported by Richa Banka | Written by Aniruddha Dhar, New Delhi

ED blocks 119 accounts linked to Vivo, seizes gold bars after raids: Report

The ED said it raided 48 locations of Vivo and its 23 related entities this week, alleging that sale proceeds of Vivo India were transferred out of India to show losses and avoid paying taxes.

Enforcement Directorate’s searched Vivo’s office at 9 To 9 mall in Patna, Bihar, on Tuesday. (HT photo)
Enforcement Directorate’s searched Vivo’s office at 9 To 9 mall in Patna, Bihar, on Tuesday. (HT photo)
Published on Jul 07, 2022 07:07 PM IST
By, New Delhi
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