KARACHI: Directorate of Intelligence and Investigation Inland Revenue (I&I-IR) Karachi extended the scope of its investigation into fake sales tax invoice scam. According to sources, a team of I&I on the information of detained accused Arshad Ali Khan, Proprietor of bogus firm Kotila Corporation, conducted separate raids in SITE and Orangi Town areas to nab his other associates.
However, the team could not arrest the accused but got important lead which would help in busting the whole gang, which is reportedly involved in the issuance of over Rs 100 million fake sales tax invoices. It is to be mentioned here that the detained person along with his other accomplices had been running ‘Fake Sales Tax Invoice’ business since 2010. For the purpose, the gang got fake sales tax registration of 26 bogus companies. The accused Arshad is presently in custody on 14 days remand.
