KARACHI: Customs Taxation and Anti-Smuggling Court judge Syed Faiz Rasool Rashdi extended the physical remand of a suspect, Faraz, until December 9, 2016. Faraz was arrested in a sales tax evasion case of Rs 6.118 million.
During the hearing, Assistant Commissioner Inland Revenue Imran Falak Sher produced the suspect, proprietor of Chester Bernard and Co, before the court.
The investigation officer informed the court that the accused is registered person but is knowingly filing nil monthly returns in order to evade sales tax liability which directly comes under the ambit of tax fraud as per section 2 (37) of the sales tax act, 1990. In this way the accused along with others persons have caused loss to the national exchequer to the tune of Rs 6.11 million, he said.
He further argued that after the formalities, a case was registered against accused and others under section 2 (37) of the sales tax act, 1990 read with SRO 1125 (1)/2011 dated 31/12/2011 and the provisions of section 2(9) 2 (37), 3, 4, 6, 7, 8, 11, 22, 23, 26, 38, 73 of the sales tax act, 1990 and others.
The investigation officer submitted that the Customs Department needs to further probe the case and arrest the others.
After the arguments, the court granted his request and sent the accused on physical remand. The court also directed the investigation officer to produce him on the hearing along with progress report.
