LAHORE: The Special Federal Court of Customs Taxation and Anti-Smuggling will hear the case of an accused Manzoor Ahmad who arrested in charges of tax evasion in next week as customs team has directed to submit his investigation challan maximum in next week.
Sources told Customs Today that a suspect, Manzoor Ahmad was charged for tax evasion. Manzoor Ahmad is owner of has a textile factory located on Raiwind Road. He was allegedly involved in tax evasion by submitting fake returns and other statements before the FBR.
On intelligence information Inland Revenue department registered a case against him under Pakistan sales tax act and started investigations. After collecting proofs against the accused, Inland Revenue arrested him and produced him before the court of Customs judge.
On request the customs court approved his physical remand of three days and handed over him to investigation team for further investigations. Customs Court granted him bail as well. Accused has allegedly evaded Rs 80 million in the wake of sales tax from 2013 to 2014 in one year.
