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2 Singaporeans jailed, fined over $2.6m for evading duty and GST on imported vehicles
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2 Singaporeans jailed, fined over $2.6m for evading duty and GST on imported vehicles
Two Singaporean men, aged 45 and 51, were fined more than $2.6 million for under-declaring the values of vehicles. In a joint media release on Monday (April 20), the Land Transport Authority (LTA) and Singapore Customs said the duo's actions resulted in the fraudulent evasion of excise duties, goods and services tax (GST) and the underpayment of the additional registration fee (ARF) during vehicle registration.Loke Chern Meng, 45, and Desmond Ph…
·Singapore
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