Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
No Result
View All Result
Home Karachi

Customs Court grants bail to suspect booked in Rs 750m tax evasion

byM.B. Rana
05/03/2017
in Karachi, Latest News
Share on FacebookShare on Twitter

KARACHI: Customs Taxation and Anti-Smuggling Court Judge Syed Faiz Rasool Rashdi has granted interim pre-arrest bail to accused person namely Musarat Bano wife of Muhammad Asif who was booked in a case of evasion of duty and taxes amounting to Rs 750 million.

During the hearing of the case, the court issue notice to special prosecutor of the Customs Department and called police papers and directed her to join the investigation if and when required by the investigation officer and appear before the court on the next date of hearing. The hearing was adjourned for March 18, 2017.

You might also like

Gold price jumps Rs5,700 per tola

22/08/2026

PVARA completes Pakistan’s Virtual Asset Framework, opens licensing portal

22/08/2026

During the hearing, counsel for the accused filed an application for interim pre-arrest bail, counsel argued that accused is innocent and was falsely implicated in this case, she is ready for face trail, however, she has apprehension of arrest therefore, court may grant her bail till final disposal of this case.

After the hearing, court granted her bail and observed in its order that, without touching the merits of the case, ad-interim pre-arrest bail is granted to said accused subject to furnish surety in the sum of Rs. 200, 000 with P.R bond in the like amount to the satisfaction of this court.

According to the prosecution, case was registered against above named accused and others in violation of section (37) 3 (9) 2 (14) (a) 3, 6, 7, 8 (1) (a) & (d) 8A, 22 (1) 8A, 22 (1) 23 (1) 25, 26 (1) and 73 of the Sales Tax Act 1990 punishable under clauses 33 (3) (5) (8) (11c) (13) (16) (18) ibid.

 

Related Stories

Gold price jumps Rs5,700 per tola

byCT Report
22/08/2026

KARACHI: Gold prices surged in both international and domestic markets, with the price of gold rising by $57 per ounce...

PVARA completes Pakistan’s Virtual Asset Framework, opens licensing portal

byCT Report
22/08/2026

ISLAMABAD: Pakistan’s Virtual Assets Regulatory Authority (PVARA) has opened its licensing portal for virtual asset service providers. The move completes...

KP approves Digital Payment Act to promote cashless economy

byCT Report
22/08/2026

PESHAWAR: The Khyber Pakhtunkhwa government has approved the Khyber Pakhtunkhwa Promotion of Digital Payment Act 2026, aiming to promote digital...

Aurangzeb, SRF delegation, discuss investment opportunities, economic cooperation

byCT Report
22/08/2026

ISLAMABAD: Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb held a meeting with a high-level delegation of the Silk...

Next Post
DG Valuation issues revision of rackets of different kinds

Director General Valuation issues revised values of different kinds of rackets

  • Terms and Conditions
  • Disclaimer

© 2011 Customs Today -World's first newspaper on customs. Customs Today.

No Result
View All Result
  • Transfers and Postings
  • Latest News
  • Karachi
  • Islamabad
  • Lahore
  • National
  • Chambers & Associations
  • Business
  • About Us

© 2011 Customs Today -World's first newspaper on customs. Customs Today.