One week jail and penalty for GST fraud

6 July 2012

On 4 July 2012, Mr Joseph Tan Seng Beng, the manager of AFGB Pte Ltd (“AFGB”), a wholesale trading company, was sentenced to one week’s jail and a penalty of $78,974.34 for fictitious entries in the GST returns and fraudulently claiming GST refunds.

The input tax was overstated in AFGB’s GST returns for periods ended 31 May 2009 and 30 September 2009, resulting in net GST refund claims of $26,324.78.

Joseph Tan pleaded guilty to the two charges.

Source: Inland Revenue of Authority of Singapore (IRAS)