[Shanghai Customs announced the crackdown of textile machinery parts smuggling case]
Release date:[2017/12/16] A total of reading[1302]time

Shanghai Customs announced recently that it cracked a smuggling case of textile machinery spare parts. By registering domestic companies and exclusively foreign brand names, the criminal suspects smuggle imported spare parts for textile machinery by way of under-reporting the price, with a low rate of 90% and a case value of 100 million yuan. At present, the Third Intermediate People's Court of Shanghai makes a verdict that sentenced Shanghai Shisheng International Trade Co., Ltd. involved in the case a fine of RMB 50 million and sentenced the defendant Ma to 8 years' imprisonment. The defendant Zongmou was sentenced to 3 years imprisonment for 3 years and a 3-year smuggling Criminal illegal income be recovered.


Statistics show that the amount of the imported enterprises accounted for 90% of China's imports of textile machinery parts. In the absence of a large number of market competitors, if the legal operation, the agency's products have an annual turnover of 30 million yuan, making an objective profit. However, under the temptation of greater interests, the suspect Ma was desperate. After the case occurred, the companies and personnel involved were punished by law.


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