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 Karachi

Customs Court approves bail of warehouse keepers of M/s General Services

byM.B. Rana
15/05/2019
in Karachi, Latest News
Share on FacebookShare on Twitter

KARACHI: The Customs Court granted pre-arrest bail to suspects Muhammad Idress son of Abdul Majeed and Muhammad Arif son of Abdul Majeed, warehouse keepers of M/s General Services in another case, who were booked for illegal removal of in-bonded goods without filing of ex-bond GD, thus evading legitimate government revenue.

On May 14, 2019, above mentioned suspects appeared before the court along with their counsel who moved pre-arrest bail in another case and argued that their clients are innocents and have been falsely implicated in this case, who will make sure to appear each and every date of hearing, therefore, court may grant them bail.

You might also like

Moody’s raises Pakistan credit rating to B3 on stronger economic footing

24/08/2026

Gold price jumps Rs5,700 per tola

22/08/2026

After the hearing, court without examining the contents of FIR, granted their pre-arrest bail against the surety of Rs500,000 each and directed them to appear on next date of hearing without fail.

According to the prosecution Customs Appraisement East, on an actionable information that the consignments of hot rolled steel sheets, iron steel sheets/coils imported and in-bonded in the bonded warehouse have been illegally removed by the importer of M/s Azam Sons in connivance with the warehouse keeper and their compliance without payment of leviable duties & taxes & without filing ex-bond GD.

Investigation officer submitted that in order to check the veracity of the received information, additional collector (R&D) Customs Appraisement East and others visited the bonded warehouse situated at SITE Area Karachi and during the visit, it was revealed that goods weighing 183810 kgs warehoused against the above mentioned GD are not available in the warehouse meaning thereby that iron steel coils/sheets weighing 183810 kgs have been removed from the warehouse illegally without payment of leviable customs duties and other taxes.

He further revealed that suspects evaded duties and taxes to the tune of Rs7,027,313.  After the hearing, court took FIR into its record and directed investigation officer to complete investigation and submit report on next date of hearing.

 

Related Stories

Moody’s raises Pakistan credit rating to B3 on stronger economic footing

byCT Report
24/08/2026

ISLAMABAD:  Pakistan received another boost to its economic credentials on Monday as international ratings agency Moody’s raised the country’s sovereign...

Gold price jumps Rs5,700 per tola

byCT Report
22/08/2026

KARACHI: Gold prices surged in both international and domestic markets, with the price of gold rising by $57 per ounce...

PVARA completes Pakistan’s Virtual Asset Framework, opens licensing portal

byCT Report
22/08/2026

ISLAMABAD: Pakistan’s Virtual Assets Regulatory Authority (PVARA) has opened its licensing portal for virtual asset service providers. The move completes...

KP approves Digital Payment Act to promote cashless economy

byCT Report
22/08/2026

PESHAWAR: The Khyber Pakhtunkhwa government has approved the Khyber Pakhtunkhwa Promotion of Digital Payment Act 2026, aiming to promote digital...

Next Post

Multan Customs generates Rs8.695m through auction of confiscated goods & vehicles

  • 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.