LAHORE: The Special Federal Court of Customs Taxation and Anti Smuggling had issued arrest warrants for the directors of Sheikh Steel Mill.
Now the Federal Board of Revenue (FBR) has formed special teams to arrest both directors of the steel Mills in a tax evasion of Rs 36 million, sources told Customs Court on Friday.
Earlier, sources told Customs Today that the owners and directors of Sheikh Steel Mills were involved in tax evasion of millions of rupees since the last five years. The Customs Today has already reported it.
On Wednesday, Chaudhary Ameer Muhammad Special Judge of the Customs Court issued arrests warrants for Shaikh Shahid Mukhtar and his brother.
The RTO-I has registered a case against Sheikh Steel Mills under Pakistan Customs Act-1969 and further investigation are under process.
