KARACHI: Commissioner Enforcement-I, Corporate Tax Office (CTO) Karachi has submitted first information report (FIR) before customs court against Junaid Ahmed and Obaid Ahmed of M/s Ahmed Metals & Co booked for claiming of fake input on the basis of fake invoices amounting to Rs12,900, 296.
On 7 February2022, investigation officer appeared before the court and informed that the above mentioned company is non-existent at the registered premises declared is suit no B-711, 7th Floor Saima Trade Center, I.I Chundrigar Road Karachi, it has been further reported that manufacturing activity whatsoever has been carried out on the declared premises and M/s Ahmed Metals have got themselves registered as a manufacturer with sole intention of causing loss to the exchequer by way of claiming of fake input on the basis of fake invoices amounting to Rs12, 900, 296.
He added that after formalities, customs officials lodged first information report accordingly and further investigations are still in progress, preparation of foraged documents for getting registration under the act, is a forgery for the purposes of cheating, which is an offence defined as forgery for the purposes of cheating section 468 ppc.
After the hearing, court took first information report on court record and directed investigation officer to complete investigation and submit a progress report for next date of hearing.
Case was registered for violation of under section 34, 73, 33 of the sales tax act, 1990 read with section 2 (37) of the act, ibid for violation of section 2 (37) 3, 6, 7, 8, 8A, 10, 11, 22, 26 & 73 of the sales tax act 1990.
