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 grants bail to suspect involved in mega tax evasion case

byM.B. Rana
10/08/2017
in Karachi, Latest News
Share on FacebookShare on Twitter

KARACHI: Customs Taxation and Anti-Smuggling Court Judge Syed Faiz Rasool Rashdi has granted interim pre-arrest bail to suspect, Narisa Dharani, director of M/s Electro Polymers (Private) Limited who was booked in a mega tax evasion case.

The court also issued notices to special prosecutor for the Customs Department and investigation officer and directed them to file comments on the next date of hearing.

You might also like

Goods transporters announce 5pc increase in freight charges amid petrol price hike

09/09/2026

FBR redraws enforcement map to crackdown on illicit money flows

09/09/2026

During the hearing, counsel for the accused appeared before the court and moved an application for pre-arrest bail. He argued that his client was innocent and was been falsely implicated in this case, and that the prosecution had no evidence against him. He said that his client was ready to face trail, therefore, the court might grant him bail till final decision of the case.

After the hearing, the court granted bail against the surety bonds of Rs 100,000 and directed him to appear before the court on the next date of hearing.

According to the prosecution, accused is involved in issuance of fake invoices and its output is being used for clearing refund or input tax adjustment by the others registered person and evaded the duty and taxes.

Case was registered for violation of under section 2 (37) 2 (9) 7 (14) (a) 3, 6, 7, 8 (1) (a) & (d) 8a, 22 (1) 23 (1) 25, 26 (1) & 73 of Sales Tax Act 1990 punishable under section 33 (3) (5) (8) (11c) (13) (16) (18) ibid.

 

Related Stories

Goods transporters announce 5pc increase in freight charges amid petrol price hike

byCT Report
09/09/2026

LAHORE: The Goods and Transport Association of Pakistan has announced a 5% increase in freight fares following the government’s decision...

FBR redraws enforcement map to crackdown on illicit money flows

byCT Report
09/09/2026

ISLAMABAD: The Federal Board of Revenue (FBR) has overhauled how it monitors non-financial businesses and professions for money laundering and...

FBR mandates 5pc tax on social media influencers & content creators

byCT Report
09/09/2026

ISLAMABAD: The Federal Board of Revenue (FBR) is officially taxing digital income. Consequently, the FBR will enforce a 5% Withholding...

No more office visits: MCI digitises business licences

byCT Report
09/09/2026

ISLAMABAD: Metropolitan Corporation Islamabad (MCI) has fully digitised its municipal licence services, eliminating manual processing and allowing applicants to secure...

Next Post

MDPT moves cornerstone project from Sher Shah to Muzaffargarh Railway Station

  • 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.