Mockngbrd Supersonic September 20, 2022 Share September 20, 2022 (edited) https://www.straitstimes.com/singapore/transport/singapore-customs-raid-largest-complex-of-car-importers-and-dealerships?token=e068848c3d523adb5eed761a8841f3f0-b36152355a0b2f8b72698de163ba0e51f1d2cd15979c6e8261ef65d1555f89be7967aac321680640e98753306112197b574efa8e4a9e9322a15542e78919cb5c Huat ah.... My old thread deleted... Register free account on St can read full article for free with my link above Edited September 20, 2022 by Mockngbrd ↡ Advertisement 16 8 Link to post Share on other sites More sharing options...
Fitmugen 5th Gear September 20, 2022 Share September 20, 2022 No head no tail cos no subscribe pang sai zua. What happened? 1 Link to post Share on other sites More sharing options...
Volvobrick Supersonic September 20, 2022 Share September 20, 2022 Carrots Centre - I send my car there for paint touch-ups and interior repairs. 4 Link to post Share on other sites More sharing options...
yishunite Turbocharged September 20, 2022 Share September 20, 2022 Full text Quote SINGAPORE - In a move that set the motor industry talking, Customs officers raided Singapore's biggest vehicle complex on Sept 2. Singapore Customs said it had inspected a licensed warehouse facility at 60 Jalan Lam Huat in the Sungei Kadut area - the address of Carros Centre, a 2.3 million sq ft multi-storey complex housing several car importers and used car dealerships. "Investigations are ongoing," said a Singapore Customs spokesman. It is not the practice of the authority - or any authority dealing in criminal or commercial investigations - to furnish details of cases until charges are meted out. The motor industry has, in the past few decades, been taken to task repeatedly for underdeclaring the value of cars imported to Singapore, and therefore underpaying taxes due. Several parties - from authorised agents to parallel importers - have been convicted, fined or jailed for these tax evasion offences, which amounted to several hundreds of millions in unpaid taxes. Photos of an area within the facility cordoned off by Singapore Customs were circulating on messaging services on the afternoon of Sept 13. In response to queries from The Straits Times, Singapore Customs confirmed that the photos show the premises of the licensed warehouse when it was under inspection. They include one showing barricades blocking access to an area marked under a signage that says "Cars and Coffee". Cars and Coffee Singapore is a major parallel importer of high-end cars, with a showroom on the sixth floor of Carros Centre. Its sole shareholder is Mr Chen Xiaoxuan, a Singapore citizen. When ST called its showroom on Sept 13, Cars and Coffee denied knowledge of the circulated photos and said it was continuing to conduct "business as usual". There were also no signs of the cordons at the premises when ST visited that evening. On Sept 14, the company announced on its Facebook page that there was a "false news story circulating", and that it was taking "legal action against individuals who are spreading the false statements". Licensed warehouses store dutiable goods such as alcohol, tobacco, motor vehicles and fuels for an indefinite period. However, duties must be paid before the goods can leave the warehouse. One dealer, who has been in the trade for more than 20 years, said he was not surprised by the raid, given that operations from Singapore Customs do happen from time to time. Such raids are probably to make sure that importers are "not trying anything funny", he added. Car importers that underdeclare the value of imported cars can price their cars lower than their competitors and still maintain their profit margin. In 2009, a prominent parallel importer was handed a record fine of $10.8 million for evading duty and taxes on more than 2,500 cars. Mr Tay Kien Chuan, then 33, who owned 8th Gear, could not pay the fine and was jailed for 8½ years instead. 7 Link to post Share on other sites More sharing options...
Watwheels Supersonic September 20, 2022 Share September 20, 2022 Chey, it is just a raid. Link to post Share on other sites More sharing options...
Wildfaye29 Turbocharged September 20, 2022 Share September 20, 2022 Lai Liao lai Liao Bar bee que liao 5 Link to post Share on other sites More sharing options...
Fitvip Supersonic September 20, 2022 Share September 20, 2022 53 minutes ago, Mockngbrd said: https://www.straitstimes.com/singapore/transport/singapore-customs-raid-largest-complex-of-car-importers-and-dealerships?token=e068848c3d523adb5eed761a8841f3f0-b36152355a0b2f8b72698de163ba0e51f1d2cd15979c6e8261ef65d1555f89be7967aac321680640e98753306112197b574efa8e4a9e9322a15542e78919cb5c Huat ah.... My old thread deleted... Register free account on St can read full article for free with my link above ST One Digital Package - Monthly $9.90 $0.99/month No contract $0.99/month for the first 3 months, $9.90/month thereafter. T&Cs apply. Not free leh? 3 Link to post Share on other sites More sharing options...
Fitmugen 5th Gear September 20, 2022 Share September 20, 2022 (edited) Can lim kopi on the spot. No need to go back station Edited September 20, 2022 by Fitmugen Link to post Share on other sites More sharing options...
Vratenza Supersonic September 20, 2022 Share September 20, 2022 The article did not say if any of the dealers there or C&C are screwed..... Link to post Share on other sites More sharing options...
yishunite Turbocharged September 20, 2022 Share September 20, 2022 1 minute ago, Vratenza said: The article did not say if any of the dealers there or C&C are screwed..... lawyers scrubbed the article lah... u see the way it just left you hanging lol 1 Link to post Share on other sites More sharing options...
inlinesix Supersonic September 20, 2022 Share September 20, 2022 3 minutes ago, Vratenza said: The article did not say if any of the dealers there or C&C are screwed..... 1 minute ago, yishunite said: lawyers scrubbed the article lah... u see the way it just left you hanging lol “"Investigations are ongoing," said a Singapore Customs spokesman. It is not the practice of the authority - or any authority dealing in criminal or commercial investigations - to furnish details of cases until charges are meted out.” 3 Link to post Share on other sites More sharing options...
Zxcvb Turbocharged September 20, 2022 Share September 20, 2022 Singapore automotive industry are full of undesirable characters. What's new?? Link to post Share on other sites More sharing options...
Mockngbrd Supersonic September 20, 2022 Author Share September 20, 2022 (edited) 19 minutes ago, Fitvip said: ST One Digital Package - Monthly $9.90 $0.99/month No contract $0.99/month for the first 3 months, $9.90/month thereafter. T&Cs apply. Not free leh? Click my link, there will be a popup overlay to read full article by just registering free acc Edited September 20, 2022 by Mockngbrd Link to post Share on other sites More sharing options...
Fitvip Supersonic September 20, 2022 Share September 20, 2022 Just now, Mockngbrd said: Oh even with my link? Last time can get to read with just registering free acc Ya, this is taken from your link.😊 1 Link to post Share on other sites More sharing options...
Rickster 5th Gear September 20, 2022 Share September 20, 2022 I wonder why ST article need to emphasis that the sole shareholder is a citizen. Is it because many people will assume this guys is a PRC because of the name? 😁 5 Link to post Share on other sites More sharing options...
inlinesix Supersonic September 20, 2022 Share September 20, 2022 Just now, Rickster said: I wonder why ST article need to emphasis that the sole shareholder is a citizen. Is it because many people will assume this guys is a PRC because of the name? 😁 Abuden🤭 7 Link to post Share on other sites More sharing options...
Mockngbrd Supersonic September 20, 2022 Author Share September 20, 2022 Just now, Rickster said: I wonder why ST article need to emphasis that the sole shareholder is a citizen. Is it because many people will assume this guys is a PRC because of the name? 😁 cos got internets hearsay he is some other nationality and zao SG liao ANYWAY, pls like my thread so I can get my NTUC voucher 2 14 Link to post Share on other sites More sharing options...
Mockngbrd Supersonic September 20, 2022 Author Share September 20, 2022 23 minutes ago, Fitvip said: Ya, this is taken from your link.😊 This is what you should see ↡ Advertisement 4 1 Link to post Share on other sites More sharing options...
Recommended Posts
Create an account or sign in to comment
You need to be a member in order to leave a comment
Create an account
Sign up for a new account in our community. It's easy!
Register a new accountSign in
Already have an account? Sign in here.
Sign In Now