KARACHI: Customs Court Judge Syed Faiz Rasool Rashdi has granted after arrest bail to Muhammad Altaf Hussain, owner of M/s Tuba International, in a sales tax evasion case of Rs 15 million.
During the hearing, the suspect appeared before the court along with his counsel who moved an application for bail and argued that his counsel is innocent and has falsely been implicated in this case. The counsel for the Customs Department opposed the bail application. After hearing the arguments, the court granted the suspect bail against surety bonds of Rs 500,000 and directed him to appear in the court on the next date of hearing.
On last date of hearing, investigation officer produced the above mentioned suspect before the court and informed that owner of M/s Tuba International and others are involved in sales tax evasion and during investigation prosecution collected evidences.
After the hearing, court had sent him to jail and directed investigation officer to submit charge sheet against them on next date of hearing.
According to the prosecution, case was registered for violation of under section as commission of tax fraud as envisaged under section 2 (37) of the Sales Tax Act, 1990.
