Contractor owes $504,501 in GST

Contractor owes $504,501 in GST

A renovation contractor who failed to register for goods and services tax (GST) has to pay a total of $504,501 in backdated taxes and penalty.

Chong Wee Keng, who owned D'Esprit Design and Renovations at Tradehub in Boon Lay Way, was also fined $4,500 on Friday after pleading guilty to the offence.

This is the third case to be dealt with this year, the previous two involving companies.

Registration is compulsory for any firm with a turnover of more than $1 million.

This article was first published on October 25, 2014.
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