LAHORE: The Special Court of Customs Taxation and Anti-Smuggling has sent a suspect, Muhammad Arif, on judicial remand for 14 days in a sales tax evasion case.
According to the details, Muhammad Arif son of Muhammad Sain was arrested by the Sialkot Inland Revenue (IR) Intelligence and Investigation after finding a huge difference between actual sale of his retail business and declared statement submitted to the department. The officials, during the investigation, found a difference of Rs 15 million. The officials registered a case of sales tax evasion and fraud under Pakistan Sales Tax Act, 1990 against the accused person.
Later, the accused was presented before the court, which approved his four-day physical remand for interrogation.
Sources also informed that a cheque of Rs 2.2 million that he paid to the FBR also bounced by bank for lack of funds.
