Posted inIndia

China’s Xiaomi in tax evasion tussle in India

JAIPUR – India’s Finance Ministry has alleged Chinese technology and smartphone maker Xiaomi Technology has evaded customs taxes worth US$87.8 million, a charged allegation that threatens to dampen otherwise booming bilateral trade. Three show-cause notices have been issued to Xiaomi Technology India under provisions of the Customs Act demanding the recovery of duties for three […]