Philip Morris under-declared prices of cigarettes imported from Indonesia
The Court of Appeal on Tuesday ordered a reduction to a 130-million-baht fine imposed on the tobacco giant Philip Morris for evading tax on cigarettes imported from Indonesia.
A lower court handed down the original penalty in March 2020 to the local unit of the company, which owns the Marlboro and L&M brands.
On Tuesday appeal court officials said judges had ruled the amount be lowered, with the Customs Department to…