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 Breaking News

Sales tax evasion of Rs5.401m: Customs court grants bail to owner of M/s H.H. Trader Link

byM.B. Rana
06/01/2021
in Breaking News, Karachi, Latest News
Share on FacebookShare on Twitter

KARACHI: The Customs Court granted interim pre-arrest bail to suspect namely Muhammad Ashraf, owner of M/s H. H Trader Link and directed him to make sure his appearance on next date of hearing for conformation or otherwise, who was nominated in first information report in Rs5.401 million sales tax evasion scam.

On 5 January 2020, counsel for the accused moved court and filed bail application, he argued that his client is innocent and has been falsely implicated in this case, who is ready to submit surety and will appear on each and every date of hearing.

You might also like

FBR issues new customs values of diesel engines for generators vide VR No2088/2026

10/06/2026
FILE PHOTO: The Habib Bank Limited (HBL) logo is seen on the head office building in Karachi, Pakistan, April 18, 2016. REUTERS/Akhtar Soomro/File Photo

HBL announces 3-day service shutdown following Meezan & Allied Bank

10/06/2026

Earlier, investigation officer of Intelligence & Investigation-FBR submitted report that during the investigation, it was found that the suspect fraudulently got the sales tax registration as manufacturer whereas the said person does not have any manufacturing facility and does not exist at declared business address.

He further submitted that the accused person claimed and got sales tax refund fraudulently on the strength of fake/ flying invoices where the description of goods does not match with the nature of business of the accused person.

Investigation officer stated that accused connived with the so-called suppliers and obtained illegal sales tax refunds and had no investment to carry out such a huge volume of business, there was no business on ground but only paper arrangements were made to claim illegal sales tax refunds.

According to the prosecution, case was registered for violation of under section 2(9) 2 (16), 2 (17), 2 (37), 3, 6, 7, 8, 10, 11, 22, 23, 26, 37 and 73 of the sales tax act 1990 read with sales tax refund rules 2006 and punishable under section 33&34 of the sales tax act 1990.

Related Stories

FBR issues new customs values of diesel engines for generators vide VR No2088/2026

byCT Report
10/06/2026

KARACHI: The Federal Board of Revenue (FBR) has issued new customs values for imported diesel engines used in generators to...

FILE PHOTO: The Habib Bank Limited (HBL) logo is seen on the head office building in Karachi, Pakistan, April 18, 2016. REUTERS/Akhtar Soomro/File Photo

HBL announces 3-day service shutdown following Meezan & Allied Bank

byCT Report
10/06/2026

KARACHI: Habib Bank Limited (HBL) has officially announced a temporary closure of all its services. Consequently, the massive shutdown will...

Honda Atlas challenges over Rs17b in tax disputes with FBR

byCT Report
10/06/2026

KARACHI: Honda Atlas Cars (Pakistan) Limited has disclosed tax-related contingencies exceeding Rs17 billion in its Annual Report 2026, highlighting multiple...

RCCI delegation meets DG Cannabis Control and Regulatory Authority

byCT Report
10/06/2026

RAWALPINDI: A delegation of the Rawalpindi Chamber of Commerce and Industry (RCCI), led by its President Usman Shaukat and Senior...

Next Post
????????????????????????????????????

NAB believes in “Zero Corruption, 100pc Development”: Chairman NAB

  • 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.