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Symbol of law and justice in the empty courtroom, law and justice concept.

Symbol of law and justice in the empty courtroom, law and justice concept.

Customs Court approves charge sheet against M/s M. Siddiq Sons & others

byM.B. Rana
24/01/2020
in Karachi, Latest News
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KARACHI: The Customs Court approved charge sheet against owners/ directors of M/s M. Siddiq Sons, M/s Nadeem Siraj & Company, M/s Babar International, M/s Glammour International, M/s ACME International and others in evasion of duty and taxes worth Rs4.074 million sales tax evasion case.

On 23 January 2020, investigation officer submitted charge sheet and informed the court that the above mentioned importers made payments of all purchases in accordance with the conditions as laid down under section 73 of the sales tax act, 1990 but no prove of payment under section 73 of the sales tax act, 1990 is provided.

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He submitted that it has been observed that most of the purchases made by the accused from brokers of first & second supply chain, further it has also been verified during the investigation that such payments of sales tax made to the fake companies has never been deposited into the government, treasury, it was legal responsibility of the accused that they must had ensured that payment of sales tax made by them was properly deposited by the supplier into the government, account or not, but instead he ignored his responsibility and continued to make such fake purchases and claimed/ adjusted inadmissible input tax by depriving the government exchequer.

He argued that case was registered against them for involvement evasion of sales tax Rs4.074 million along with default surcharge under section 34 of the sales tax act, 1990.

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