China Smartphone Maker Oppo Evaded $551m in Tax, Says India

Asia, China, cross border, Custom Fines, Customs, India, trade

July 13, 2022 The tech firm wrongfully used duty exemptions for items imported for use in mobile phone production, said India’s Directorate of Revenue Intelligence Chinese smartphone manufacturer Oppo evaded $551 million worth of Indian customs duty, a government statement said on Wednesday. A probe by India’s Directorate of Revenue Intelligence found that the smartphone maker wrongfully…

UK hands over national trade repository to Vietnam

Asean, cross border, Customs, Economic News, Import Export, International Business, trade, United Kingdom

  Hanoi (VNA) – The British Government handed over the Vietnam national trade repository (VNTR) to the Vietnamese side at a ceremony on July 13. The project was launched in 2020 under a letter of intention signed by the Vietnamese Ministry of Industry and Trade (MoIT) and the British Department of International Trade, in which the British side provided technical assistance for Vietnam.…