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New Delhi: After the Enforcement Directorate (ED) seized nearly Rs 5,551.3 crore from Xiaomi India<\/a> under Foreign Exchange Management Act<\/a> (FEMA) for illegal remittances to foreign entities, reliable sources said on Monday that about 84 per cent of the seized royalty remittances were made to US-based chip maker Qualcomm Group<\/a>.

Sources close to the development told IANS that approximately Rs 4,663.1 crore were paid to Qualcomm via proper banking channels.

Xiaomi<\/a> uses Qualcomm chipsets<\/a> in the majority of its devices<\/a>, and pays royalty to the US-based major for various licensed technologies that include standard essential patents and other intellectual property (IP), beyond just using its chipsets.

Any smartphone or other consumer electronics company that does not make royalty payments can be punished for patent infringement.

However, according to the ED, Xiaomi did not avail any such third-party services.

In a press release, the watchdog had said that \"Xiaomi India has not availed any service from the three foreign-based entities to whom such amounts have been transferred\".

In a statement, Xiaomi India said it can't comment as the matter is in the court.

\"This matter is subjudice and under the consideration of the court of law. We refuse to comment on this,\" the company told IANS.

Last week, in a major relief to Xiaomi India, the Karnataka High Court permitted it to take overdrafts from banks and make payments.

However, the court excluded the payment of technology royalty.

Vacation Judge Justice S. Sunil Dutt Yadav also extended the interim order till May 23 and stated that the matter is now between the banks and the petitioner company.

The court had given conditional stay on the order given by the Enforcement Directorate (ED) on April 29 to seize Rs 5,513.3 crore.

The ED took the step after invoking the Foreign Exchange Management Act, 1999.

Senior advocate S. Ganeshan argued that Xiaomi India was being targeted as it is a Chinese company and other companies are allowed to make payments of technology royalty.

Seeking clarification on the earlier interim order on May 5, he argued that banks are not allowing Xiaomi to make remittances in foreign exchange for imports following the court order.

He explained that the company is required to make payments for foreign companies in connection with manufacturing and marketing smartphones.

Xiaomi maintained that royalty payments made to three companies abroad would not violate the FEMA Act. The company further maintained that the I-T Department itself had allowed it as a value added activity.

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小米印度Rs 4663 cr高通为皇室汇款支付

小米使用高通芯片的大部分设备,和美国主要为各种支付版税许可技术,包括标准重要专利及其他知识产权(IP),不仅仅是利用其芯片组。

  • 2022年5月16日更新是事故发生点
阅读: 100年行业专业人士
读者的形象读到100年行业专业人士

新德里:执法局后(ED)抓住近5551卢比小米印度下外汇管理法案(FEMA)非法汇款外国实体,可靠的消息人士周一表示,大约84%的被皇室汇款是美国芯片制造商高通公司集团。

消息人士透露,发展告诉题材大约4663。1卢比支付给高通通过合适的银行渠道。

小米使用高通芯片在大多数的设备,美国主要为各种支付版税许可技术,包括标准重要专利及其他知识产权(IP),不仅仅是利用其芯片组。

广告
任何智能手机或其它电子消费品公司不支付版税可以为专利侵权处罚。

然而,根据ED,小米是没有用任何这样的第三方服务。

在一份新闻稿中,监管机构曾表示,“小米印度并没有利用任何服务等的三个外国实体的数量已经转移”。

小米印度在一份声明中表示,它不能评论这件事是在法庭上。

“这件事是subjudice和在法庭上的考虑。我们拒绝置评,”该公司告诉题材影片。

上周,在印度小米的主要救济,卡纳塔克邦最高法院允许从银行和支付透支。

然而,法院排除支付技术使用费。

假期法官司法美国苏尼尔达特Yadav也延长了临时订单直到5月23日表示,问题是现在银行和请愿者之间的公司。

法院给了条件保持秩序的执法局(ED) 4月29日抓住5513。3卢比。

艾德把步骤调用后外汇管理法案》,1999年。

印度高级提倡美国Ganeshan认为小米是有针对性的,因为它是一个中国公司和其他公司可以支付技术使用费。

广告
寻求澄清临时订单5月5日早些时候,他认为,银行是不允许小米为进口外汇汇款后,法院命令。

他解释说,该公司应支付外国公司与生产和销售智能手机。

小米坚称版税支付国外三家公司不会违反了联邦应急管理局的行为。公司进一步坚持认为它部门本身允许它作为一个增值活动。

  • 发表在2022年5月16日09:13点坚持
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\"\"
<\/span><\/figcaption><\/figure>
New Delhi: After the Enforcement Directorate (ED) seized nearly Rs 5,551.3 crore from Xiaomi India<\/a> under Foreign Exchange Management Act<\/a> (FEMA) for illegal remittances to foreign entities, reliable sources said on Monday that about 84 per cent of the seized royalty remittances were made to US-based chip maker Qualcomm Group<\/a>.

Sources close to the development told IANS that approximately Rs 4,663.1 crore were paid to Qualcomm via proper banking channels.

Xiaomi<\/a> uses Qualcomm chipsets<\/a> in the majority of its devices<\/a>, and pays royalty to the US-based major for various licensed technologies that include standard essential patents and other intellectual property (IP), beyond just using its chipsets.

Any smartphone or other consumer electronics company that does not make royalty payments can be punished for patent infringement.

However, according to the ED, Xiaomi did not avail any such third-party services.

In a press release, the watchdog had said that \"Xiaomi India has not availed any service from the three foreign-based entities to whom such amounts have been transferred\".

In a statement, Xiaomi India said it can't comment as the matter is in the court.

\"This matter is subjudice and under the consideration of the court of law. We refuse to comment on this,\" the company told IANS.

Last week, in a major relief to Xiaomi India, the Karnataka High Court permitted it to take overdrafts from banks and make payments.

However, the court excluded the payment of technology royalty.

Vacation Judge Justice S. Sunil Dutt Yadav also extended the interim order till May 23 and stated that the matter is now between the banks and the petitioner company.

The court had given conditional stay on the order given by the Enforcement Directorate (ED) on April 29 to seize Rs 5,513.3 crore.

The ED took the step after invoking the Foreign Exchange Management Act, 1999.

Senior advocate S. Ganeshan argued that Xiaomi India was being targeted as it is a Chinese company and other companies are allowed to make payments of technology royalty.

Seeking clarification on the earlier interim order on May 5, he argued that banks are not allowing Xiaomi to make remittances in foreign exchange for imports following the court order.

He explained that the company is required to make payments for foreign companies in connection with manufacturing and marketing smartphones.

Xiaomi maintained that royalty payments made to three companies abroad would not violate the FEMA Act. The company further maintained that the I-T Department itself had allowed it as a value added activity.

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