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

Govt notifies 16 Pension Fund Managers for new pension scheme 2024

03/08/2026

SBP caps card payment charges at petrol pumps, mandates Raast QR payments

03/08/2026

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

Govt notifies 16 Pension Fund Managers for new pension scheme 2024

byCT Report
03/08/2026

ISLAMABAD: The federal government has notified a panel of 16 eligible Pension Fund Managers (PFMs) to implement the Defined Contribution...

SBP caps card payment charges at petrol pumps, mandates Raast QR payments

byCT Report
03/08/2026

KARACHI: The State Bank of Pakistan (SBP) has announced measures to promote digital payments at petrol stations, including the introduction...

Goods transporters announce nationwide strike from August 8

byCT Report
03/08/2026

KARACHI: The All Pakistan Goods Transporters Alliance has announced an indefinite nationwide strike from August 8, citing unresolved concerns over...

Pakistan’s imports from US surge 39pc to $3.27b in FY26

byCT Report
03/08/2026

KARACHI: Pakistan’s imports from the United States surged 39 percent year-on-year to $3.27 billion during FY2025-26, reflecting stronger trade activity...

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.