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SHC approves post arrest bail of manager of M/s CGA Logistics

byM.B. Rana
12/07/2019
in Karachi, Latest News
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KARACHI: The Sindh High Court (SHC) granted post arrest bail to suspect namely Sheharyar Ahmed, Manager of M/s CGA Logistics, who was booked in a case of evasion of duty and taxes to the tune of Rs2.2 million approximately.

On July 11, 2019, counsel for the above mentioned suspect filed post bail petition before a single bench, comprising Justice Fahim Ahmed Siddiqui and argued that his client is innocent and has been falsely implicated in this case, therefore, court may grant his bail.

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After the hearing, court granted his bail against the surety of Rs5,00,000 and directed him to submit the same before trail court.

According to the prosecution, during the investigation, it was revealed that Sheharyar Ahmed, Manager of M/s CGA Logistics, Faizan Fayyaz, proprietor of M/s CGA Logistics, Momin Khan, Qasim Jan Syed and Amanullah are involved in preparing fake PRCs in the name of overseas Pakistani as importers and have tried to get clearance of used Toyota Passo, used Suzuki Wagon R, used Suzuki Alto and others on fake proceeds realization certificates which is in serious violation of the mandatory provisions of law and procedure.

He further said that suspects and their associates have contravened the provision of section 32 (1) 32(A) (a) and 192 read with section 3, 6 and 36 of Sales Tax Act 1990 and other related laws, the accused customs agent namely Shaharyar Ahmed, of M/s CGA Logistics, Karachi who has been instrumental in the commission of aforesaid crime has been arrested and a notice under section 171 of the Customs Act, 1969 has been served upon him.

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