An Indian state agency released nearly 27,000 Vivo Mobile Communications Co. smartphones for export after withholding the shipment for more than a week over alleged rule violations.
The federal finance ministry’s revenue intelligence unit late on Wednesday allowed the Chinese company to collect the devices it was holding at the New Delhi Airport over an alleged mis-declaration of phone models and their value, people familiar with the matter said, asking not to be named discussing a sensitive matter. Vivo had sought to export the devices to neighboring markets.
The government agency passed the order to release the smartphones a day