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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. ....
6 men charged for alleged involvement in GST fraud involving S$114 million of fictitious sales channelnewsasia.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from channelnewsasia.com Daily Mail and Mail on Sunday newspapers.
Dhjetë urdhëresa për të qenë një gazetar i denjë koha.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from koha.net Daily Mail and Mail on Sunday newspapers.