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January 24, 2024
SINGAPORE — The owner of a car trading firm was fined $6 million after evading payment of duty and goods and services tax (GST) for 1,828 vehicles he had imported. Singapore Customs in a statement on Jan 22 said Low Han Siang, 46, was also sentenced to nine months’ jail for underpaying the additional registration fee (ARF) when registering the...
January 23, 2024
Singapore News - The owner of a car trading firm was fined $6 million after evading payment of duty and goods and services tax (GST) for 1,828 vehicles he had imported. Singapore Customs in a statement on Jan 22 said Low Han Siang, 46, was also sentenced to nine months’ jail for... Read more at www.tnp.sg
January 22, 2024
Under-declaration of the vehicles’ value resulted in loss of duty and GST amounting to $3,263,280. Read more at straitstimes.com.
January 22, 2024
Under-declaration of the vehicles’ value resulted in loss of duty and GST amounting to $3,263,280. Read more at straitstimes.com.