Singapore Customs Arrests Three People for GST Evasion

Singapore Customs arrested three men and seized more than 7,390 cartons of duty-unpaid cigarettes after they illegally transferred the cartons from a Malaysia-registered truck to a Singapore-registered truck, the agency said in a Dec. 27 press release. The men evaded more than $670,000 (in Singapore dollars) worth of duties and Goods and Services Tax; they face a fine of up to 40 times the amount of taxes evaded and a maximum six-year prison term.