Wanbang tool import and export tax number declaration was not fined 308,700 yuan

After the July 18th, Wanbang Tools issued a notice stating that the company was fined a total of 308,700 yuan due to the false declaration of multiple import and export goods. The announcement shows that Wuhan Customs has passed the investigation and found that Wanbang Tools has the following violations: the import of copper alloy powder tax number is not declared...
After the market on July 18, Wanbang Tools issued a notice stating that the company was fined a total of 308,700 yuan due to the false declaration of multiple import and export goods.
The announcement shows that Wuhan Customs has investigated and found that Wanbang Tools has the following violations: the import of copper alloy powder tax number is not true, affecting the collection of taxes; the export of artificial diamond saw blade tax number is not true, affecting statistical accuracy; export grinding disc ( Grinding wheel), export flat round tax number declaration is not true, affecting export tax rebate management. In this regard, Wuhan Customs decided to impose a fine of 308,700 yuan on Wanbang Tools.
Wanbang Tools said that the company has already paid a fine within the time limit set by the administrative penalty decision. The fine has a small proportion of the company's net profit and has not had a major impact on the company's production and operation.
Wanbang Tools was listed on the New Third Board on September 16, 2015. It is mainly engaged in the basic layer enterprises. In 2016, its revenue was 61.132 million yuan and its net profit was 5,998,500 yuan.

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