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Symbol of law and justice in the empty courtroom, law and justice concept.

I&I-IR submits progress report against M/s Gharvi Enterprises

byM.B. Rana
22/01/2020
in Karachi, Latest News
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KARACHI: Customs Court approved progress report against several importers, their associates, staff members, who are nominated in a scam of fake and flying invoices and filed sales tax returns and evasion duty and taxes to the national exchequer.

On 21 January  2020, investigation officer submitted charge sheet against suspects namely Jameel Ahmed Baloch, Muhammad Shoaib, Sajid Mehmood, Pervaiz Sadiq, Farhatullah Jaffari, Wajid Raza Khan, Ali Akber, Syed Akber Ali, Muhammad Yasir, Nazeer Channa, Waqas Saied Syed, Mudassir Khalid, Sheikh Saiful Malook, Khalid Mehmood, Rizwan Anwar Bawa, Syed Majid Hussain Zaidi, Muhammad Amin and others.

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He stated that during conducting investigation, it was revealed that accused Nasir Hussain, proprietor of M/s Gharvi Enterprises have got the firm registered with FBR and used the same for business activity under sales tax through filing sales tax returns.

He submitted that during period Sep 2009 to May 2012 have declared input tax of Rs 20.603 million and output tax of Rs20.522 million and only paid a nominal amount of Rs 15450 as net payment after adjustment of input-output prima facie on the basis of fake invoices which was fraudulently being issued and run/ operated by Faisal Elahi, Shaikh Zahid Iqbal, Alias Bilo, Anees Elahi & Mushtaq Masih without physical delivery of the goods, accused Nasir Hussain fraudulently adjusted input tax on bogus purchases on the basis of fake invoices.

Investigation officer said that case was registered against above mentioned suspects under section 2(3,7) 2(9) 2(14) (a) 3,6,7,8 (1) (a) &(d), 8A, 22(1) 23(1) 26(1) and 73 of the sales tax act, 1990 punishable under section 33 (3) (5) (8) (11c) (13) (16) (18) ibid.

After the hearing, court approved charge sheet against them and fixed the case for regular hearing.

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