Manager of freight forwarding company fined more than S$60,000 for evading GST

  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 27 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 66%

Belgique Nouvelles Nouvelles

Belgique Dernières Nouvelles,Belgique Actualités

SINGAPORE: A Singaporean man was fined S$63,834.90 by the State Courts on Thursday (May 12) for fraudulent evasion of the Goods and Services Tax (GST) payable on the importation of miscellaneous goods between April and August 2019. Foong Zhong Wen, 42, the manager of freight forwa

SINGAPORE: A Singaporean man was fined S$63,834.90 by the State Courts on Thursday for fraudulent evasion of the Goods and Services Tax payable on the importation of miscellaneous goods between April and August 2019.

"Foong’s fraudulent actions resulted in the underpayment of GST to Singapore Customs," the agency said.Singapore Customs had commenced investigations into Swiftfox for suspected underdeclaration of value of goods after discrepancies were found in some cargo clearance permits. "Foong would intentionally suppress the value of the goods by amending their values on the consolidated manifest, before furnishing it to the declaring agent to apply for cargo clearance permits," Singapore Customs said.

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.

Foong arg... U can don't pay... GST. But don't play play.

Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 6. in BE

Belgique Dernières Nouvelles, Belgique Actualités