{"id":28656,"date":"2015-03-16T12:00:00","date_gmt":"2015-03-16T04:00:00","guid":{"rendered":"http:\/\/www.news.gov.hk\/en\/categories\/law_order\/html\/2015\/03\/20150316_192247.shtml"},"modified":"2015-03-16T12:00:00","modified_gmt":"2015-03-16T04:00:00","slug":"car-trader-fined-for-false-declaration","status":"publish","type":"post","link":"https:\/\/www.chinalegalblog.com\/en\/2015\/03\/16\/car-trader-fined-for-false-declaration\/","title":{"rendered":"Car trader fined for false declaration"},"content":{"rendered":"<p><img decoding=\"async\" src=\"http:\/\/www.news.gov.hk\/images\/home\/department_logo\/Customs_and_Excise__Dept.jpg\"\/><\/p>\n<p>A car trader was fined $228,000 at the Eastern Magistrates' Courts for under-declaring imported vehicles\u2019 landed values to obtain a lower assessed first registration taxable value today.<\/p>\n<p>\u00a0<\/p>\n<p>The company, which mainly engaged in selling new parallel-imported vehicles, was found to have falsely declared the landed values of 62 vehicles from August 2012 to September 2013. The total under-declared value was $5.97 million.<\/p>\n<p>\u00a0<\/p>\n<p>Customs searched the company on July 30 last year and prosecuted the company and its director afterwards.<\/p>\n<p>\u00a0<\/p>\n<p>Vehicle traders should provide true and accurate information for assessment of first registration tax. Offenders are liable to a maximum $500,000 fine and 12 months in prison.<\/p>\n","protected":false},"excerpt":{"rendered":"<p><img decoding=\"async\" src=\"http:\/\/www.news.gov.hk\/images\/home\/department_logo\/Customs_and_Excise__Dept.jpg\"><\/p>\n<p>A car trader was fined $228,000 at the Eastern Magistrates' Courts for under-declaring imported vehicles&rsquo; landed values to obtain a lower assessed first registration taxable value today.<\/p>\n<p>&nbsp;<\/p>\n<p>The company, which mainly engaged in selling new parallel-imported vehicles, was found to have falsely declared the landed values of 62 vehicles from August 2012 to September 2013. The total under-declared value was $5.97 million.<\/p>\n<p>&nbsp;<\/p>\n<p>Customs searched the company on July 30 last year and prosecuted the company and its director afterwards.<\/p>\n<p>&nbsp;<\/p>\n<p>Vehicle traders should provide true and accurate information for assessment of first registration tax. Offenders are liable to a maximum $500,000 fine and 12 months in prison.<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[194],"tags":[],"class_list":["post-28656","post","type-post","status-publish","format-standard","hentry","category-news-chinese-law"],"_links":{"self":[{"href":"https:\/\/www.chinalegalblog.com\/en\/wp-json\/wp\/v2\/posts\/28656","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.chinalegalblog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.chinalegalblog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.chinalegalblog.com\/en\/wp-json\/wp\/v2\/users\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/www.chinalegalblog.com\/en\/wp-json\/wp\/v2\/comments?post=28656"}],"version-history":[{"count":1,"href":"https:\/\/www.chinalegalblog.com\/en\/wp-json\/wp\/v2\/posts\/28656\/revisions"}],"predecessor-version":[{"id":28657,"href":"https:\/\/www.chinalegalblog.com\/en\/wp-json\/wp\/v2\/posts\/28656\/revisions\/28657"}],"wp:attachment":[{"href":"https:\/\/www.chinalegalblog.com\/en\/wp-json\/wp\/v2\/media?parent=28656"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.chinalegalblog.com\/en\/wp-json\/wp\/v2\/categories?post=28656"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.chinalegalblog.com\/en\/wp-json\/wp\/v2\/tags?post=28656"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}