The man faces charges over allegedly making false entries in the company’s GST returns to evade GST amounting to more than S$4.26 million. - PHOTO: BT FILE
SINGAPORE (The Straits Times/ANN): A 45-year-old man, who is suspected of carrying out goods and services tax (GST) fraud involving the fake sale of items totalling more than $250 million (RM880 million), will be charged in court on Tuesday (April 9).
The police and Inland Revenue Authority of Singapore (Iras) said in a joint statement on April 8 that the alleged offences by the man – the sole director and shareholder of a Singapore-incorporated, GST-registered firm – came to light after investigations by the Commercial Affairs Department and Iras.
