SINGAPORE: A freight forwarding company director was fined S$105,000 last week for fraudulently evading the payment of Goods and Services Tax , as well as for abetting a consignee to furnish false information to Singapore Customs.
I-Do Logistics imports consolidated consignments from its business partner in China, before sorting and delivering the goods to its respective consignees in Singapore. “One of the consignees, Zhang Feng, had obtained the packing list from I-Do and provided it to Singapore Customs, despite knowing the values on the packing list were false.”
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