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Customs Court grants bail to suspects in tax evasion case

byM.B. Rana
08/06/2017
in Karachi, Latest News
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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.

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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.

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