A Kaunas-based e-cigarette seller is suspected of evading paying more than 800,000 euros in value-added tax (VAT), according to Lithuanian media reports.
A Kaunas-based e-cigarette seller is suspected of evading paying more than 800,000 euros in value-added tax (VAT), according to Lithuanian media reports.
Three employees of this company are suspected of being involved in high-value fraud and illegal use of taxable goods, the value of which exceeds 9 million Lita.
The official statement stated that the investigation was led by the Kaunas District Prosecutor's Office and supported by officials from the Kaunas District Tax Crime Investigation Unit (FNTT).
The investigation was sparked by suspicions that the company was selling e-cigarettes and the required liquids remotely on its website, despite Lithuanian law expressly prohibiting such activities.
According to the available information, the company's previous website was blocked by the court for illegally selling e-cigarettes and e-liquids. However, the company then created another website where it continued to sell the product illegally.
The three alleged employees are accused of circumventing a ban on the sale of taxable goods (e-cigarettes and liquids) on the Internet by claiming in its financial records that the products had been sold to companies registered in the European Union.
Based on these potentially bogus transactions, suspects allegedly illegally obtained more than €800,000 in VAT refunds. As a result of these potentially sham transactions, the 0% VAT rate may also have been incorrectly applied, resulting in an unpaid VAT of €800,000, which should have gone to the state budget.
In order to gather as much data relevant to the investigation as possible, FNTT officials conducted searches of the suspect's homes, cars and boats. A search of the home of one of the suspected employees resulted in the discovery of a large sum of cash in excess of €900,000.
A pre-investigation led by Chief Prosecutor Vingaudas Rinkevičius of the Third Criminal Prosecution Unit of the Kaunas District Prosecutor's Office is still ongoing.
Under the Penal Code, the most severe penalties, up to eight years of deprivation of liberty, are prescribed for the illegal acquisition of high-value external property or property rights, and for the illegal use of taxable goods whose value exceeds 9 million litas.
Email:sales@mlifevapor.com
WhatsApp:+86 13871529372
Email:sales@mlifevapor.com
WhatsApp:+86 13871529372
Tel：+86 13871529372
Add：6 / F, block B, building 2, Fuyong Tongtai times center, Bao'an District, Shenzhen
Copyright © 2008-2022 Shenzhen Mlife Technology Co., Ltd. All Rights Reserved
Language： 简体中文 | >
Copyright © 2008-2022 Shenzhen Mlife Technology Co., Ltd. All Rights Reserved
Tel：+86 13871529372
Add：6 / F, block B, building 2, Fuyong Tongtai times center, Bao'an District, Shenzhen Website
