LAHORE: The Pakistan Sugar Mills Association president has been booked by the Federal Board of Revenue (FBR) Regional Tax office (RTO) Lahore for evasion of over Rs 1 billion tax.
Sources said that the detected tax evasion scam was being assessed to be the highest amount in the history of RTO Lahore.
The sources said that a few arrests have been made while efforts were being made to arrest Riaz Qadeer Butt and others directors nominated in FIR NO.04/2015.
Sources said that a complaint was made to the chief justice the Lahore High Court that the group, Mecca Group of Companies was involved in massive tax evasion and the court directed the FBR to submit a report.
The group of companies filed various writ petitions against the department; however, finally the court instructed the FBR to finalize the report.
Sources said on the instruction of Chief Commissioner Waqar Ahmad investigation was conducted by the RTO Lahore, which revealed that M/s Mecca Sugar Mills PV, M/s Haq Bahu Sugar Mills, and M/s Abdullah Shah Ghazi Sugar Mills (PVT) were involved in tax fraud through fictitious bank accounts which were owned by employees in order to conceal the actual production of sugar mills.
The report disclosed that father, son and brothers of Riaz Qadeer Butt were also involved in the mage tax evasion scam.
The report also said that banks where the accounts were opened by the group were also involved facilitating the group to commit the tax fraud.
