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Customs Court seeks final charge-sheet against M/s M.I. Traders

byM.B. Rana
03/10/2018
in Karachi, Latest News
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KARACHI: The Customs Court extended interim bail to suspects namely Muhammad Saleem son of Muhammad Hussain, Noor Ahmed son of Muhammad Hussain, Muhammad Ayaz Khan son of Sher Afzal, who were booked in a tax evasion case.

During the hearing on October 2, 2018, investigation officer sought further time to submit final charge-sheet. After the hearing, court granted his request and adjourned the matter.

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According to the prosecution, M/s M.I Traders based in Lahore imported a consignment from Turkey and filed Goods Declaration (GD) for clearance thereof the value of the goods was shown as $17,237.80 and the customs duty was paid Rs1,723, 841 and the goods were released.

He further submitted that on the basis of credible information, the customs authority found that the goods were mis-declared later on its was found that the imported goods were $39,708.66 and value has mis-declared resulting in evasion of customs duty of Rs2,293, 118, the filing of goods declaration by the present accused and their being importers of the relevant consignment is matter of further inquiry.

He further informed that accused namely Muhammad Ilyas partner, of M/s M.I Traders and Muhammad Hanif son of Muhammad Hussain, importer/partner of firm are still absconders in this case and prosecution is trying its best to arrest them.

A case was registered for evasion of duties and taxes through submission of fake and forged documents showing under invoiced/ suppressed transaction value of the goods and violation of section 32-A, 79, & 192 of the Customs Act, 1969 punishable under Clause 14-A, 46 & 86 of Section 156 (1) of the Customs Act, 1969 read with allied laws.

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