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Tax evasion: Customs Court seeks charge sheet against M/s Iffat Enterprises & M/s Akhtar & Sons evasion case

byM.B. Rana
14/11/2019
in Karachi, Latest News
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KARACHI: The Customs Court directed investigation officer to complete investigations and submit charge sheet against Hassan Raz, proprietor of M/s Iffat Enterprises and owner/ partners of M/s Akhtar & Sons and other to be ascertained during the course of investigation, who were booked in a case of evasion of duties and taxes in the tune of Rs6,825,718.

On November 12, 2019, investigation officer of Appraisement East submitted that the above mentioned suspects with active connivance of their clearing agent has committed mis-declaration in goods imported dated 15/10/2019, on checking WeBOC system, it is learnt that the goods declaration has been examined and is presently under process of assessment, the goods declaration has been intercepted and a joint examination of the goods by R&D with shed staff has been ordered on physical examination, the information found correct.

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He further submits that during the investigation, it is established that above mentioned suspects committed mis-declaration as defined under section 32 & 32A of the customs act, 1969 thus, accused importer and their accomplice have violated the provisions of section 2 (s) 32 (1) & 32(A) and 79 of the customs act, 1969, further read with section 3, 6 7A, 33 and 34 of the sales tax act, 1990 punishable under clauses 8 (i) 14, 44 and 45 of the section 156 (1) of the customs act, 1969 read with relevant laws, in order to evade Rs. Rs. 6,825,718 legitimate government revenue.

He further argued that consequent upon approval from the competent authority, this FIR is lodged accordingly for in-depth investigation into the matter and to unearth the actual culprits involved in attempt to evasion of duty and taxes.

After the hearing, directed investigation officer to complete investigation and submit charge sheet on next date of hearing.

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