An intelligence unit of the finance ministry has blocked exports of around 27,000 handsets worth about $15 million by Chinese company Vivo, people familiar with the matter said. The consignments, headed to Thailand and Saudi Arabia, have been stuck for over a week at the Delhi airport with the Indian authorities suspecting misdeclaration around the value and make of the devices.It has been alleged that the smartphone company was trying to export superior quality goods by incorrectly declaring the model of the handsets…
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