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$6m fine for car importer who didn t pay GST and duties for 1,800 vehicles

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.

Han siangLand transport authorityLow han siangLee pak howState courtsLand transport

$6m fine, jail for car trader who evaded duty, GST on nearly 2,000 vehicles

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

Han siangLand transport authorityLow han siangLee pak howState courtsLand transportSingapore customs

$6 million fine, jail for car trader who evaded duty and GST on nearly 2,000 vehicles

Under-declaration of the vehicles’ value resulted in loss of duty and GST amounting to $3,263,280. Read more at straitstimes.com.

Han siangLand transport authorityLow han siangLee pak howState courtsLand transport

Man who evaded taxes on over 1,800 imported vehicles gets jail in default of S$6 million fine

Low Han Siang, the sole proprietor of car importer M’ Exclusive, will serve 60 months' jail in default if he does not pay the fine.

Han siangServices taxLow han siangAdditional registration feeOpen market valueCustoms actRoad trafficTax evasion

Car trader who evaded duty and GST on nearly 2,000 vehicles gets $6 million fine, 9 months jail

Under-declaration of the vehicles’ value resulted in loss of duty and GST amounting to $3,263,280. Read more at straitstimes.com.

Han siangLand transport authoritySingapore customsLow han siangAdditional registration feeLee pak howState courtsLand transport

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