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

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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.

 

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

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