Netizen 24 SGP: Man fined $7k for using tourist to help him get GST refunds for Tiffany diamond ring and Prada bag

Man fined $7k for using tourist to help him get GST refunds for Tiffany diamond ring and Prada bag ...

Man fined $7k for using tourist to help him get GST refunds for Tiffany diamond ring and Prada bag

Photo: Tori Rector/Flickr

One man â€" in his attempt to cheat the system and save a small percentage of his spendings at high-end brands with illegal GST refunds â€" ended up realizing all that trouble he went through wasn’t worth it when he was fined an even higher amount than what he “saved”.

Chinese national Bai Jiaming, a research fellow at the Agency for Science, Technology and Research, was convicted today of two counts of Goods and Services Tax refund fraud and fined S$7,000 (US$5,128), reported TODAY. The 31-year-old was charged on Friday for using tourist Zhang Yaoqun, the 61-year-old father of his colleague, to help him claim GST refunds for two items, according to a statement by the Inland Revenue Authority of Singapore (Iras).

On March 11, armed with a one-way ticket to Jakarta, Bai headed to Changi Airport with both Zhangs to make the GST refund claims. But he was stopped and eventually detained with both items for suspected misuse of a boarding pass when he attempted to exit the arrival area of Terminal 3.

For a Tiffany & Co diamond ring that Bai bought at S$23,000 (US$16,851), Zhang claimed a GST refund of S$1,543.93 (US$1,131). Bai also confessed that he obtained a Prada bag from Zhang after a GST refund of S$1,791.87 (US$1,312) was claimed on both items, noted The Straits Times.

Obviously Bai, who was working in Singapore, was not a tourist and therefore did not qualify for GST refund under the Electronic Tourist Refund Scheme.

If he defaults on the fine, he will have to serve out a four-week imprisonment term. As for the Zhangs, they were charged on Jul 28 and their cases are still pending.

Iras said that it takes a serious view of anyone who makes false declarations to get GST refunds under the tourist refund scheme. If convicted, offenders can be fined a maximum of S$5,000 (US$3,664) and, in default of payment, be jailed up to six months.

BRANDED

Spicy or Cheesy: Which foods make Singaporeans the happiest?

MOST POPULAR
  • 1

    Spicy or Cheesy: Which foods make Singaporeans the happiest?

    PRESENTED BY Singapore dropped four places from 22nd to 26th...

  • 2

    Singaporean singer Joanna Dong takes third spot at Sing! China finals

    After captivating the attention of Singaporeans when she earned a...

  • 3

    20-hour NSL MRT disruption over the weekend was due to malfunctioning water pumping system that led to flooded tunnel

    A very unfortunate thing happened over the weekend â€" thousands of...

  • 4

    Victims of Universal Studios Singapore Halloween ticket scam cheated of more than $21k

    You know, when something seems like it's too good to be true, it...

  • 5

    New not-for-profit Jurong West hawker centre features tray return robots and cashless payment options

    Robots are the way of the future, and one hawker centre at agrees...

Close
  • Bali
  • Bangkok
  • Hong Kong
  • Jakarta
  • KL
  • Manila
  • Singapore
  • Yangon
  • Travel
  • TV
  • Home
JavaScript is off. Please enable to view full site.Source: Google News

COMMENTS

Name

Accessory,1,Apartment,1,Application,1,Automotive,3,Bank,1,Beauty,2,Board,1,Breakfast,2,Budget Living,1,Building,1,Business,2,Car Accessory,2,Car part,1,Car Shop,1,Celebrity,4,Cloth accessory,1,Cooking,1,Cover,2,Deals,1,Design,3,Digital Life,1,Dinner,1,Dish Review,2,DIY Projects,3,Economy,2,Education,2,Engine,1,Entertainment,1,Expert Advices,2,Fashion,2,Financial,1,Food,3,Football,1,Games,1,Gossip,1,Heath,1,Hotels,1,House,2,Individual,1,Inspiration,2,Latin,1,Lifestyle,6,Live Show,1,Love,1,Lunch,2,Model,1,Music,2,Nutrition,1,Olympic,1,Politics,1,Pop Shop,1,Rock,1,Sports,1,Startup,1,Stock,1,Tech Review,1,Tech Tips,1,Technology,2,Tennis,1,Tone Set,1,Travel,1,Trip Ideas,1,Vogue,1,Weather,1,Wedding,1,World,3,
ltr
item
Netizen 24 Singapore: Netizen 24 SGP: Man fined $7k for using tourist to help him get GST refunds for Tiffany diamond ring and Prada bag
Netizen 24 SGP: Man fined $7k for using tourist to help him get GST refunds for Tiffany diamond ring and Prada bag
Netizen 24 Singapore
http://www.singapore.netizen24.com/2017/10/netizen-24-sgp-man-fined-7k-for-using.html
http://www.singapore.netizen24.com/
http://www.singapore.netizen24.com/
http://www.singapore.netizen24.com/2017/10/netizen-24-sgp-man-fined-7k-for-using.html
true
3409072178432431747
UTF-8
Loaded All Posts Not found any posts VIEW ALL Readmore Reply Cancel reply Delete By Home PAGES POSTS View All RECOMMENDED FOR YOU LABEL ARCHIVE SEARCH ALL POSTS Not found any post match with your request Back Home Sunday Monday Tuesday Wednesday Thursday Friday Saturday Sun Mon Tue Wed Thu Fri Sat January February March April May June July August September October November December Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec just now 1 minute ago $$1$$ minutes ago 1 hour ago $$1$$ hours ago Yesterday $$1$$ days ago $$1$$ weeks ago more than 5 weeks ago Followers Follow THIS CONTENT IS PREMIUM Please share to unlock Copy All Code Select All Code All codes were copied to your clipboard Can not copy the codes / texts, please press [CTRL]+[C] (or CMD+C with Mac) to copy