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Two fined for under-declaring values of imported vehicles
Posted: 05 March 2012 1252 hrs
SINGAPORE: A Singaporean man and female Permanent Resident have been fined a total of about $37,500 for under-declaring the values of 34 cars imported from Japan.
Ng Wee Siang, 33, pleaded guilty to eight charges and was fined about S$24,700 or in default, 122 days' jail.
Tan Wei Gek, 32, pleaded guilty to four charges and was fined a total of about S$12,700 or in default, 63 days' jail.
Ng faced another 18 charges while Tan faced another 10 charges.
These were taken into consideration in the sentencing.
Singapore Customs said on Monday that both were dealt with by the law last week.
The cars were imported between February and August 2005.
They had made incorrect declarations, which resulted in the underpayment of excise duty of about S$24,500 and Goods and Services Tax amounting to about S$7,300.
Singapore Customs said it began investigating the business activities of A Value Trading Private Limited in January 2006.
Ng was its director.
The investigations revealed that between February and August 2005, Ng had made incorrect declarations of the values of 34 imported cars of various makes and models.
Tan had abetted Ng for 17 of the 34 cars.
The two were arrested by Singapore Customs and charged in court in March 2009.
Under the Customs Act, importers must ensure the declarations submitted to Singapore Customs are accurate and complete.
- CNA/fa
