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Philip Morris (Thailand) fined 1.22 billion baht for customs tariff evasion

Philip Morris (Thailand) fined 1.22 billion baht for customs tariff evasion

13 Sept 08:50 Key points summarised by AI
  • Philip Morris (Thailand) Ltd. was fined 1.22 billion baht by the Thai Criminal Court for customs duty evasion.
  • The company was found guilty of under-declaring the value of cigarettes imported from the Philippines between 2003 and 2006.
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