Asia Pacific

Mainland China: Shenzhen Fraud Ring Exposed: Buy-Declaration Schemes and Deep Investigation Tactics

This investigative report, released on 28 September 2026, details the deep-dive techniques used to dismantle the Chen Hua-controlled fraud ring. The scheme centered on “buy-declaration and match-invoice” (买单配票) operations: the companies purchased unused customs declaration quotas from legitimate exporters, then sourced matching special VAT invoices from upstream “invoice farms.” The investigation employed forensic digital analysis

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Solomon Islands: Solomon Islands IRD Launches VAT Reform Consultations with USP, SINU

On 28 September 2026, the Solomon Islands Inland Revenue Division (IRD) announced upcoming public consultations on the Draft Tax Policy Work Programme and Value Added Tax (VAT) Reform Education in collaboration with the University of the South Pacific (USP) and Solomon Islands National University (SINU). This initiative forms part of the government’s broader tax reform

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Singapore: Singapore IRAS Updates GST Relief Guide for Travellers

Effective 28 September 2026, IRAS significantly enhanced its ‘Travellers Bringing Goods into Singapore’ page to provide clearer guidance on GST import relief eligibility, pre-arrival preparation, and the declaration and payment process at customs checkpoints. The update introduces a new ‘Eligibility Checklist’ for the GST import relief (formerly known as ‘GST relief’) which allows travellers to

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Bangladesh:NBR Announces Promotion Policy for Assistant Tax Commissioners

On 28 September 2026, the NBR published a comprehensive notification detailing the promotion policy for the posts of Additional Assistant Tax Commissioner and Tax Inspector. The policy revises eligibility criteria, examination structure, and weightage for seniority and performance. Key Takeaways Merit-Based Framework: The new policy emphasizes competitive examination performance over seniority alone. Eligibility Thresholds: Minimum

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Singapore: Singapore IRAS Issues New GST Foreign Currency Transaction Guidance

On 28 September 2026, IRAS updated its ‘Foreign Currency Transactions’ guide under GST output tax, introducing new sections on approved exchange rate sources, handling of different transaction types, and the treatment of exchange gains and losses for GST purposes. The guidance now explicitly lists the acceptable exchange rate sources: the daily rates published by the

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Pakistan: Lahore High Court Allows Parallel Money Laundering, Tax Proceedings

The Lahore High Court delivered a pivotal judgment on 27 September 2026, holding that money‑laundering prosecutions under the Anti‑Money Laundering Act, 2010 may proceed concurrently with pending tax proceedings, without awaiting the final determination of tax liability. The case arose from a petition challenging the initiation of money‑laundering proceedings while the underlying income‑tax assessments were

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Bangladesh:Bangladesh Issues New Stamp Rules for Cigarettes After Price Hike

On 27 September 2026, the NBR released a general order addressing the use of differentiated stamps and bandrols for cigarettes falling under HS Code 2402.20.00, following a government decision to increase the maximum retail price (MRP) of cigarettes. The order provides detailed instructions on the application of value-added tax (VAT) and supplementary duty (SD) across

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Bangladesh:Bangladesh Makes eVAT Portal Filing Mandatory for Taxpayers

On 27 September 2026, the National Board of Revenue issued a general order making it mandatory for all VAT-registered taxpayers to submit their returns and related documents exclusively through the eVAT portal. This directive marks a significant step in Bangladesh’s tax digitalization agenda, moving away from paper-based submissions entirely. The order specifies that all VAT

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Fiji: Fiji FRCS Highlights 2026/27 Budget Tax Reforms on Radio

On 27 September 2026, the Fiji Revenue and Customs Service (FRCS) intensified its public awareness campaign regarding the 2026/2027 National Budget through a series of radio engagements on FBC Radio’s Drishtikon and Domo-ni-Vanua programmes. Senior officials, including Manager Policy Mr. Rahul Goundar and education specialists, outlined the strategic revenue measures designed to stimulate economic growth

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Pakistan: FBR Issues Statement on Tax Policy and Revenue Measures

On 26 September 2026, the Federal Board of Revenue issued a comprehensive policy statement outlining the revenue authority’s strategic priorities for the remainder of fiscal year 2026‑27. The statement, released under the Chairman’s signature, addresses three core pillars: (1) broadening the tax base through data‑driven identification of non‑filers, (2) tightening compliance in high‑risk sectors such

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