Friday, February 14, 2020

NAA dismisses Profiteering allegations against Xiaomi

The National Anti-Profiteering Authority (NAA) has dismissed the profiteering allegations against the Xiaomi India. In the complaint filed by M/s Local Circles India Pvt. Ltd. against M/s Xiaomi Technology India Pvt. Ltd., the National Anti-profiteering Authority (NAA) ordered that the supply of power-banks by Xiaomi is classified as ‘Lithium-ion Batteries’ and so 18% of Goods […]

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