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 convicts four in tax evasion case

byM.B. Rana
12/08/2017
in Karachi, Latest News
Share on FacebookShare on Twitter

KARACHI: Customs Taxation and Anti-Smuggling Court Judge Syed Faiz Rasool Rashdi convicted two suspects, Ajmal and Atiq Ahmed, till rising of the court and imposed a fine of Rs 200,000 on them. Both were booked in a duty and tax evasion case of Rs 1.23 million. In default of the payment, they will suffer further one year imprisonment in Central Jail Karachi.

The court also sentenced Tikam Das Khatri and Muhammad Yousaf Baig for the already undergone period (undergone confined in customs/ judicial custody).

You might also like

FBR issues new customs values of diesel engines for generators vide VR No2088/2026

10/06/2026
FILE PHOTO: The Habib Bank Limited (HBL) logo is seen on the head office building in Karachi, Pakistan, April 18, 2016. REUTERS/Akhtar Soomro/File Photo

HBL announces 3-day service shutdown following Meezan & Allied Bank

10/06/2026

According to the prosecution, the convicts were involved in the unlawful clearance of liquor and other bonded goods through their diplomatic bonded warehouse Clifton Karachi under the garb of ship stores supplies and used fake and forged documents for issuing liquor of various brands from their bonded warehouse to foreign flag ships berthed at Karachi Port and evaded duty and taxes of Rs 1.232 million.  A case was registered against them under section 156 (1) (14) (14A) (81) (82) of the Customs Act 1969.

 

 

Related Stories

FBR issues new customs values of diesel engines for generators vide VR No2088/2026

byCT Report
10/06/2026

KARACHI: The Federal Board of Revenue (FBR) has issued new customs values for imported diesel engines used in generators to...

FILE PHOTO: The Habib Bank Limited (HBL) logo is seen on the head office building in Karachi, Pakistan, April 18, 2016. REUTERS/Akhtar Soomro/File Photo

HBL announces 3-day service shutdown following Meezan & Allied Bank

byCT Report
10/06/2026

KARACHI: Habib Bank Limited (HBL) has officially announced a temporary closure of all its services. Consequently, the massive shutdown will...

Honda Atlas challenges over Rs17b in tax disputes with FBR

byCT Report
10/06/2026

KARACHI: Honda Atlas Cars (Pakistan) Limited has disclosed tax-related contingencies exceeding Rs17 billion in its Annual Report 2026, highlighting multiple...

RCCI delegation meets DG Cannabis Control and Regulatory Authority

byCT Report
10/06/2026

RAWALPINDI: A delegation of the Rawalpindi Chamber of Commerce and Industry (RCCI), led by its President Usman Shaukat and Senior...

Next Post
Deputy Collector Quetta Junaid Mehmood talking with Customs today.

Quetta Customs seizes non duty paid goods worth Rs7.1m in ten days of August

  • 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.