Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
No Result
View All Result
Home Latest News

Court in Ningbo fines man $90,000 for smuggling luxury bags into China

byCustoms Today Report
04/06/2015
in Latest News
Share on FacebookShare on Twitter

BEIJING: A court in Ningbo has fined a man 550,000 yuan (HK$696,150) for smuggling luxury bags into China from overseas, the Qianjiang News reports.

The man was also sentenced to 18 months in prison, suspended for two years, by the city’s intermediate court, for smuggling bags worth more than 1.2 million yuan and evading more than 350,000 yuan in tax over about two years, the report said.

You might also like

Power demand rises as heat intensifies; LNG cargoes sought to avert load-shedding

20/04/2026

Pakistan upsizes Eurobond issuance to $750m amid ‘strong investor demand’

20/04/2026

He established a shop in Haishu district in 2009 and two years later started buying luxury brands such as Prada and Louis Vuitton.

He hired about 10 frequent travellers, including businessmen and students studying aboard, as “overseas buyers”. They either mailed the goods to him or took them back to China in person but without declaring the items at customs.

One of his buyers was caught returning from South Korea in May, 2013, with five Prada bags worth tens of thousands of yuan – well above the duty-free limit of 5,000 yuan.

Related Stories

Power demand rises as heat intensifies; LNG cargoes sought to avert load-shedding

byCT Report
20/04/2026

ISLAMABAD: As temperatures climb across the country, electricity demand has surged, prompting the Power Division to request four Liquified Natural...

Pakistan upsizes Eurobond issuance to $750m amid ‘strong investor demand’

byCT Report
20/04/2026

ISLAMABAD: The federal government has upsized its Eurobond issuance to $750 million, with an additional $250 million placed with global...

PFC welcomes easing of shipping costs, expects relief in trade pressures

byCT Report
20/04/2026

LAHORE: The Pakistan Furniture Council has expressed cautious optimism over the expected easing of shipping and freight costs following improvements...

Ethiopian Airlines plans direct Lahore flights to boost trade, connectivity

byCT Report
20/04/2026

LAHORE: Ethiopia’s Ambassador to Pakistan, Dr Oumer Hussein Oba, informed Commerce Minister Jam Kamal Khan that Ethiopian Airlines is planning...

Next Post

Hungary’s retail sales up by 4.4% in April 2015

  • Terms and Conditions
  • Disclaimer

© 2011 Customs Today -World's first newspaper on customs. Customs Today.

No Result
View All Result
  • Transfers and Postings
  • Latest News
  • Karachi
  • Islamabad
  • Lahore
  • National
  • Chambers & Associations
  • Business
  • About Us

© 2011 Customs Today -World's first newspaper on customs. Customs Today.