Company director to be jailed 42 weeks for false declarations on unexported liquor

SINGAPORE - A man will be jailed for 42 weeks over false declarations on almost 20,000 bottles of liquor that were supposed to be exported, but were found in a storage facility with taxes unpaid.

In total, $508,610.53 in duties and $59,131.05 in GST went unpaid for the 19,764 bottles of liquor involved. His company Altimate was to be named as the exporter in the export permits, with the liquor to be sold to a buyer unknown to him. He approached a logistics business for the storage of the liquor and declaration of export permits, but did not ensure that the alcohol was exported.Between January and April 2020, 35 export permits were taken up by Altimate, and it was named the exporter for liquor as sea stores.

Nederland Laatste Nieuws, Nederland Headlines

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