Fake customs receipts costing Malaysian Customs hundreds of millions in revenue
The forged receipts look almost identical to the genuine ones. PHOTO: THE STAR/ASIA NEWS NETWORK |
The syndicates, fronted by forwarding agents, churned out fake receipts that are almost identical to the genuine ones.
The department has now formed a special taskforce to track down these syndicates, department director-general Datuk Seri T. Subromaniam said.
He said the taskforce was looking at more than 100 forwarding agents that have been found forging Customs receipts for import and export companies.
The taskforce include members from the National Revenue Recovery Enforcement team headed by the Attorney-General, the police, Bank Negara, the Malaysian Anti-Corruption Commission and the Inland Revenue Board.
"We are not ruling out the involvement of company officials as well as internal involvement (of Customs officers).
"Some of these import and export companies are also cheated in the process," he said.
Subromaniam said for example, the transaction value could be at RM1 million and the company would pay the forwarding agent the duty for this sum in good faith and receive the forged COR.
"But to Customs, the agents would forge documents and declare lower value or other items which carry lower duties," he said.
Subromaniam added that the forging activities were discovered through audits done by Customs.
"When we audit the books of some companies and check against the collection in the system, it doesn't tally, so we had to claim from them.
"However, the companies claimed that they had paid the duty and even produced the COR. But the CORs are forged ones," he added.
The COR issued, said Subromaniam, looked "exactly similar" to the genuine ones issued by Customs.
"The unfortunate thing is the current Customs system is old but once the Ubiquitous Customs (uCustoms) system is complete, then they (companies) can check easily," he said.
The uCustoms is a fully integrated solution for goods clearance, which will replace the existing Customs information system.
Subromaniam urged companies to download the recently launched mobile application to check Customs tariff, Goods and Services Tax (GST) and Duty Finder.
The mobile applications will help companies check the actual duties, tariff and GST that need to be paid and the payment that has been made to Customs.
"I want to put a stop to this and with the mobile application, it will be transparent. We expect a boost in revenue, and we can recoup the money we have lost for umpteen years due to such forgery," he said.
Subromaniam said the taskforce had already identified and charged a few inpiduals involved in such syndicates.
Others are being investigated.
Companies should lodge a report with the Commercial Crime Division of Customs if they suspect something amiss or have been cheated by such syndicates.
Related News
Chi Ma Customs Branch’s revenue increases
10:15 | 03/05/2024 Customs
Risk prevention solutions for processing and export manufacturing businesses
07:52 | 29/04/2024 Regulations
Nghi Son port border gate customs: Stimulating demand for import and export through the seaport
06:47 | 30/04/2024 Customs
Ta Lung Customs' revenue flourishes
10:31 | 24/04/2024 Customs
Latest News
Saudi customs receives global acclaim for two-hour clearance service
07:49 | 05/04/2024 World Customs
Customs create safe environment for all procedures
10:01 | 22/03/2024 World Customs
Hong Kong customs arrests 7 for laundering $1.8 billion
14:51 | 23/02/2024 World Customs
The Republic of Nicaragua accedes to the Revised Kyoto Convention as the 136th Contracting Party
17:44 | 21/02/2024 World Customs
More News
Bulgaria Announces Merger of Customs and Revenue Agencies
17:43 | 21/02/2024 World Customs
Employing AI, ML in Customs and border management
07:53 | 13/02/2024 World Customs
Digital technologies in customs control
08:06 | 11/02/2024 World Customs
Customs seize cocaine 'skilfully' disguised as wine
15:29 | 23/01/2024 World Customs
Abu Dhabi Customs Supports Inspection System with Smart Devices that Streamline and Expedite Goods and Passengers Movement in Al Ain Ports
13:41 | 17/01/2024 World Customs
$10.2M in methamphetamine and cocaine hidden in flower shipment seized at Texas-Mexico border
13:57 | 11/01/2024 World Customs
World Customs Organization welcomes new Secretary General
13:55 | 11/01/2024 World Customs
2024 remains challenging for wood sector: experts
15:51 | 02/01/2024 World Customs
WCO and China Customs launch Smart Customs Project
14:55 | 23/12/2023 World Customs
Your care
Saudi customs receives global acclaim for two-hour clearance service
07:49 | 05/04/2024 World Customs
Customs create safe environment for all procedures
10:01 | 22/03/2024 World Customs
Hong Kong customs arrests 7 for laundering $1.8 billion
14:51 | 23/02/2024 World Customs
The Republic of Nicaragua accedes to the Revised Kyoto Convention as the 136th Contracting Party
17:44 | 21/02/2024 World Customs
Bulgaria Announces Merger of Customs and Revenue Agencies
17:43 | 21/02/2024 World Customs