All posts tagged: evading

Man to serve over 9 years’ jail after not paying fine for evading tax on imported cars

Man to serve over 9 years’ jail after not paying fine for evading tax on imported cars

Lee was also sentenced to 12 months’ jail for under-declaring the values of vehicles when registering them with LTA, allowing him to underpay the vehicles’ additional registration fee. CNA has contacted LTA and Singapore Customs to clarify if Lee will serve the 112 months’ jail in default of paying the fine concurrently with the 12-month sentence or in addition to that sentence. Lee pleaded guilty to three amalgamated charges for providing incorrect information related to the value of 976 motor vehicles. “Four similar amalgamated charges involving another 1,505 motor vehicles were taken into consideration during sentencing,” said the authorities. “These incorrect declarations resulted in a total additional registration fee shortfall of S$39,130,302.” The court ordered Lee to repay the outstanding amount to LTA. Sim, the employee, was found complicit in Lee’s scheme since he assisted in preparing the documents to be submitted to Customs. He also handled the remittance of excess payments to Crownston’s overseas suppliers for the imported cars. “Sim admitted that Lee had told him that the remittance of balance payments were excess …