Nov 20, 2009
Man accused of GST fraud
By Elena Chong, Court Correspondent
<!-- end by line -->
<!-- end left side bar -->
Stienberg Tan Geok Yong is accused of overstating input tax and making false entries with intent to assist Stienberg & Lindsay Food and Beverage evade tax between November 2004 and June 2005. -- ST PHOTO: WONG KWAI CHOW
<!-- story content : start --> A MAN was charged in court on Friday with assisting his business to evade Goods and Services Tax. Stienberg Tan Geok Yong, 37, is accused of overstating input tax and making false entries with intent to assist Stienberg & Lindsay Food and Beverage evade tax between November 2004 and June 2005. The total amount of tax overstated in the GST returns for three accounting periods was $18,616. He is said to have made a false entry of $1,420 in the GST returns on Jan 20, 2005, and $85,500 on June 30 that year. A sixth charge accuses him of failing to comply with a notice by the Comptroller of GST to furnish the company's particulars and documents by Jan 30 last year. If convicted of GST fraud, he can be fined up to $10,000 and/or jailed for up to seven years on each charge plus a penalty of three times the amount of tax undercharged. The last charge is punishable with a fine of up to $5,000 or up to six months' jail in default of payment. He was given until Dec 4 to engage a lawyer.
Man accused of GST fraud
By Elena Chong, Court Correspondent
<!-- end by line -->
<!-- end left side bar -->
Stienberg Tan Geok Yong is accused of overstating input tax and making false entries with intent to assist Stienberg & Lindsay Food and Beverage evade tax between November 2004 and June 2005. -- ST PHOTO: WONG KWAI CHOW
<!-- story content : start --> A MAN was charged in court on Friday with assisting his business to evade Goods and Services Tax. Stienberg Tan Geok Yong, 37, is accused of overstating input tax and making false entries with intent to assist Stienberg & Lindsay Food and Beverage evade tax between November 2004 and June 2005. The total amount of tax overstated in the GST returns for three accounting periods was $18,616. He is said to have made a false entry of $1,420 in the GST returns on Jan 20, 2005, and $85,500 on June 30 that year. A sixth charge accuses him of failing to comply with a notice by the Comptroller of GST to furnish the company's particulars and documents by Jan 30 last year. If convicted of GST fraud, he can be fined up to $10,000 and/or jailed for up to seven years on each charge plus a penalty of three times the amount of tax undercharged. The last charge is punishable with a fine of up to $5,000 or up to six months' jail in default of payment. He was given until Dec 4 to engage a lawyer.
