LAHORE: The Customs Court has adjourned pre-arrest bail plea of Haseeb Waqas Sugar Mills Director Mian Waqas Riaz.
Earlier in September 2015, the Federal Board of Revenue (FBR) had taken action against the owners and directors of Haseeb Waqas Sugar Mills for evading more than Rs 1 billion tax.
The accused filed a plea in Special Federal Court of Customs Taxation and Anti-Smuggling for pre-arrest bail in the tax evasion case. Earlier, Hafiz Irfan Butt, another director of the company, obtained pre-arrest bail. His bail was cancelled by the Special Federal Court but he approached the Lahore High Court and got the bail.
PHC declares levy of excise duty on hand-stemmed tobacco illegal
PESHAWAR: Peshawar High Court has declared that Federal Excise Duty (FED) couldn’t be imposed on green leaf and hand-stemmed tobacco...
