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6 men charged for alleged involvement in GST fraud involving S$114 million of fictitious sales Toggle share menu Advertisement Advertisement Singapore File photo of a gavel (Photo: Jeremy Long) 04 Aug 2021 01:46PM (Updated: 04 Aug 2021 01:50PM) Share this content Bookmark SINGAPORE: Six men were charged on Wednesday (Aug 4) for their alleged involvement in a Goods and Services Tax (GST) missing trader fraud involving approximately S$114 million in fictitious sales.  This is the first prosecution involving such fraud, said the Singapore Police Force (SPF) and Inland Revenue Authority of Singapore (IRAS) in a joint media release.  Advertisement Advertisement A missing trader fraud happens when a seller collects output GST on goods sold but disappears without paying it to IRAS. 

Revenue authority of singaporeSingapore police forceServices taxForte communicationsInland revenue authorityNagore tradingTen directionsவருவாய் அதிகாரம் ஆஃப் சிங்கப்பூர்சிங்கப்பூர் போலீஸ் படைசேவைகள் வரிஉள்நாட்டு வருவாய் அதிகாரம்பத்து திசைகள்