July 13, 2022 The tech firm wrongfully used duty exemptions for items imported for use in mobile phone production, said India’s Directorate of Revenue Intelligence Chinese smartphone manufacturer Oppo evaded $551 million worth of Indian customs duty, a government statement said on Wednesday. A probe by India’s Directorate of Revenue Intelligence found that the smartphone maker wrongfully…
The British government faces paying a hefty charge to the EU after the European court of justice ruled it had been negligent in allowing criminal gangs to flood European markets with cheap Chinese-made clothes and shoes. Publishing its final ruling on Tuesday, the court concluded that the UK as a member state had “failed to…
10 September 2021 – SINGAPORE A company director has been fined S$50,000 for evading Goods and Services Tax (GST) on shipments of LED flashlights and other accessories, Singapore Customs said on Friday (Sep 10). Kong Ming Jie, 36, incorrectly declared the value of goods in the shipments. He also failed to retain documents relating to the imports,…
29 March 2021 – KUALA LUMPUR Tan Chong Motor Holdings Bhd said it will be settling its RM180 million Royal Malaysian Customs Department (RMCD) bill out of court, by way of reduced bills of demand and compound amounting to RM109 million. In a filing with the exchange, the car assembler said the settlement is subject…
24th October 2020 – British driving licences made invalid, a customs-check comeback, and what to do with the UK landbridge. BREXIT OFFICIALLY TOOK place on 31 January this year. But at 11pm on 31 December, Brexit in practice will kick in. This will mean the UK leaves the EU’s Customs Union and Single Market, instigating…
21st October 2020 – A botched digitalisation programme has caused long customs clearance delays in India, exacerbating the country’s container shortage crisis. The ‘faceless assessment’ initiative has been rolled out at ports across India since June, to implement contactless and paperless customs clearance. However, according to the Mundra Custom Brokers’ Association (MCBA), clearance times have…
A businessman has been jailed for his role in the country’s largest cigarette smuggling case. The man and his company have interim name suppression and appeared at the Auckland District Court on Thursday after earlier admitting charges of defrauding customs, making erroneous entries in customs documents and selling goods without paying duties. The operation involved…
KUALA LUMPUR (March 24): The Ministry of Finance (MoF) has exempted import duty and sales tax for the purchase of medical and laboratory equipment, personal protective equipment (PPE) and disposable products by any parties donating to the Ministry of Health (MoH) to help address COVID-19. The Royal Malaysian Customs Department, in a statement today, said…
