SINGAPORE: A freight forwarding company director was fined S$105,000 last week for fraudulently evading the payment of Goods and Services Tax (GST), as well as for abetting a consignee to furnish false information to Singapore Customs. Tang Yong Hoe, 43, is the sole director of I-Do Logistics, Singapore Customs said in a news release…
31 March 2021 – Careful preparatory work before the UK’s withdrawal from the EU enabled smooth foreign trade and commercial traffic during and after the transition. For Finnish Customs, Brexit had a significant impact on the customs clearance volumes, but also on customer guidance, information systems and customs control. At the turn of the year, the…
30 March 2021 – Hopes to facilitate faster clearance The Central Board of Indirect Taxes and Customs (CBIC) has notified a new system for filing Bills of Entry (BE) for import. Tax officials feel the new system will help in a quicker clearance of goods. Detailed provisions were made in the Finance Bill 2021. After…
