Commercial fraud

Commercial fraud means any offence against statutory or regulatory provisions, which Customs is responsible for enforcing.

Commercial fraud is committed in order to evade or attempt to evade payments of duties/taxes on movement of commercial goods; to evade any prohibitions or restrictions applicable to commercial goods; to receive any subsidies to which there is no proper entitlement; to obtain illicit commercial advantage.

Some of the consequences of commercial fraud are loss of revenue to the state, distortion of trade, unfair competition.

Commercial fraud results in harm to the community at large and risks to the consumer.

Notes:

statutory – законодательный

regulatory - инструктивный

III СЕМЕСТР