KARACHI: The Customs Taxation and Anti-Smuggling Court has extended bail of a suspect, Shahid Muneer, Chief Executive Officer of M/s GCS (Private) Limited in a tax fraud case.
According to the prosecution, during the investigation, it was found that goods declaration dated 08/06/2017 filed by M/s Malik Brothers Logistics (Private) Limited, on behalf of importer M/s GCS (Private) Limited, declared the value @ $794.98 whereas, the detailed scrutiny of documents manifested original office company of detention receipt revealed value of @$7947.98. Moreover, scrutiny of documents further revealed that the clearing agent M/s Malik Brothers Logistics at the time of clearance of goods provided/ presented concocted, altered, mutilated, false, forget and tempered DR and invoice to customs department in order to conceal actual facts of the consignment (CCTV parts etc) at import stage.
Case was registered against suspects for in violation of under section 16, 32, (92) 32 A of Customs Act, 1969 punishable under clauses 14, 14A & 77 of section 156 (i) ibid.
