Five Brands Evade Millions in Customs Duty by Misclassifying Luxury Vehicles as Minibuses

Part of: Five Brands Evade Millions in Customs Duty by Misclassifying Luxury Vehicles as Minibuses

Five vehicle brands—Isuzu, Highlander, Maxus, Joylong, and Starline—are accused of evading millions in customs duties by misclassifying luxury vehicles as minibuses. The Auditor General's report indicates that importers exploited tax concessions intended for public transport to avoid high duties on private vehicles. Customs officials allegedly cleared these vehicles based on incorrect information without proper inspection, leading to significant revenue loss for the state.

Read full article (2 min read)

Similar Articles