India says: Xiaomi the $88m in missing import taxes, pleaseLaura Dobbersteinon January 7, 2022 at 12:37 The Register

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Investigation finds royalty and licensing fees excluded from transaction values

India’s Ministry of Finance has ordered Xiaomi to pay ₹6.53bn ($88m) in import taxes after discovering the local arm of the Chinese electronics company was undervaluing its transactions.…

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