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 suspects in tax evasion case

byM.B. Rana
08/06/2017
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 suspects namely Muhammad Wajid Khan and Muhammad Pervaiz, who were booked in a case of mis-declaration and tax evasion to the tune of Rs 2,605,716.

During the hearing, the suspects appeared before the court along with their counsel who submitted that his clients were falsely implicated in this case and are ready to face trail, therefore, the court may grant them bail till the final judgment of this case.

You might also like

Electricity price may rise as Discos seek extra fuel cost charge

18/04/2026

Pakistan returns to global markets with $500m Eurobond after four years

18/04/2026

After his arguments, the court granted them bail against the surety of Rs 200,000 each. The court also issued notices to the investigation officer and the special prosecutor of the Customs Department to file their replies on the next date of hearing. The court also directed the suspects to appear before the court on the next date of hearing.

According to the prosecution, a case was registered against them under section 2 (s), 16, 32, (1) (2) and 192 of the Customs Act 1969 punishable under clauses 8, 14, 63, 86 and 89 ibid read with SRO 566 (I) 2005 dated 06/06/2005 and section 3 (3) of the import and export control act, 1950 read with serial no 23 & 24 of appendix-A of import policy in vogue and further read with section 148 of in the Income Tax Ordinance 2001.

Related Stories

Electricity price may rise as Discos seek extra fuel cost charge

byCT Report
18/04/2026

ISLAMABAD: Electricity consumers may face higher power bills starting in May, as power distribution companies have requested the national energy...

Pakistan returns to global markets with $500m Eurobond after four years

byCT Report
18/04/2026

ISLAMABAD: Pakistan has re-entered the international financial market after a gap of four years by successfully issuing a $500 million...

Faisalabad Customs promotes EFS to boost efficiency: Collector Dr. Rizwan Basharat

byCT Report
18/04/2026

FAISALABAD: Officials from Pakistan Customs have urged exporters to fully utilise the Export Facilitation Scheme (EFS), highlighting that businesses at...

Aurangzeb advance economic diplomacy, engages global partners in Washington

byCT Report
18/04/2026

ISLAMABAD: Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb, concluded final day of IMF-WB Spring Meetings in Washington. He...

Next Post

Faisalabad Appraisement goes surplus with Rs1374m profit until July-May 2017

  • 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.