KARACHI: The Customs Court Judge Syed Faiz Rasool Rashdi extended the pre-arrest bail of suspects namely Tahir Ilyas son of Shaikh Muhammad Ilyas, Rizwan Ilyas son of Shaikh Muhammad Ilya sans Shaikh Imran Ilyas son of Shaikh Muhammad Ilyas, directors of M/s Pakistan Package Pvt Ltd, who were booked in a case of submitting fake and fraudulent sales tax returns, declaring fake bank account and issuing fake sales tax invoices.
During the hearing, investigation officer sought further time to submit final challan, therefore, the court extended suspects’ bail and adjourned the matter.
Earlier, counsel for the suspects had moved bail petition and argued that their clients are innocent and falsely implicated in this case but they are ready to face trail, however, they have apprehension of arrest, therefore, the court may grant them bail till final judgment in this case.
After the hearing, the court granted their bail against surety of Rs100,000 and also issued notices to the customs department and special prosecution for customs department for April 9, 2018. The court also directed suspects to appear before the court on next date of hearing.
According to the investigation officer, during the investigation, it is established that the registered person has claimed/adjusted inadmissible input tax as the supplies from whom purchases have shown, he never supplied the goods to M/s M. King International.
Thus he claimed/adjusted inadmissible input tax through submitting fake and fraudulent sales tax returns, declaring fake bank account and issuing fake sales tax invoices valuing Rs195,336,984, involving sales tax of Rs33,418,218
Investigation officer further submitted that the registered person has deprived the national exchequer of Rs33,418,218 and the accused persons namely Mushtaq Masih, Anees Elahi, Faisal Elahi and Skhaikh Zahid Sehgal allias Biloo have violated the provisions of the Sales Tax Act, 1990.
