KARACHI: The Sindh High Court (SHC) has directed the counsel for the Inland Revenue Department to submit a reply on the bail plea of two suspects in a case pertaining to issuance of fake sale tax invoices of more than Rs 1 billion.
The court was hearing the bail applications filed by Arshad Ali Khan and Touseef, who were seeking post-arrest bail in the case after the trail court rejected their bail pleas.
According to the officials of Intelligence and Investigation Department of Inland Revenue, Karachi, the suspects Arshad Ali Khan, Javed Anwar Khan, Tauseef, and Rashid Ali Khan issued invoices in the name of bogus companies claiming over Rs 1 billion from the sales tax department.
An FIR was registered against them in January 2015. Accused Arshad Ali Khan and Tousif Ahmad are in judicial custody, however, Jawed Anwar and Rashid Ali Khan are still at large. Arshad Ali Khan, who claimed to be proprietor of Kotila Corporation, along with his other accomplices fraudulently issued fake sales tax invoices.
Later, the officials found that the original proprietor of Kotila Corporation, Noor Mohammad, expired in February 2007 and the tax department was also intimated about cancellation of sales tax registration of the firm.
