Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
No Result
View All Result
Home Breaking News

Sales tax evasion of Rs5.401m: Customs court grants bail to owner of M/s H.H. Trader Link

byM.B. Rana
06/01/2021
in Breaking News, Karachi, Latest News
Share on FacebookShare on Twitter

KARACHI: The Customs Court granted interim pre-arrest bail to suspect namely Muhammad Ashraf, owner of M/s H. H Trader Link and directed him to make sure his appearance on next date of hearing for conformation or otherwise, who was nominated in first information report in Rs5.401 million sales tax evasion scam.

On 5 January 2020, counsel for the accused moved court and filed bail application, he argued that his client is innocent and has been falsely implicated in this case, who is ready to submit surety and will appear on each and every date of hearing.

You might also like

xr:d:DAFGZLzySpE:597,j:42004660331,t:22112408

Algeria invites Pakistani firms to participate in 57th Int’l Trade Fair

14/04/2026

First lithium battery manufacturing plant set to open in Karachi

14/04/2026

Earlier, investigation officer of Intelligence & Investigation-FBR submitted report that during the investigation, it was found that the suspect fraudulently got the sales tax registration as manufacturer whereas the said person does not have any manufacturing facility and does not exist at declared business address.

He further submitted that the accused person claimed and got sales tax refund fraudulently on the strength of fake/ flying invoices where the description of goods does not match with the nature of business of the accused person.

Investigation officer stated that accused connived with the so-called suppliers and obtained illegal sales tax refunds and had no investment to carry out such a huge volume of business, there was no business on ground but only paper arrangements were made to claim illegal sales tax refunds.

According to the prosecution, case was registered for violation of under section 2(9) 2 (16), 2 (17), 2 (37), 3, 6, 7, 8, 10, 11, 22, 23, 26, 37 and 73 of the sales tax act 1990 read with sales tax refund rules 2006 and punishable under section 33&34 of the sales tax act 1990.

Related Stories

xr:d:DAFGZLzySpE:597,j:42004660331,t:22112408

Algeria invites Pakistani firms to participate in 57th Int’l Trade Fair

byCT Report
14/04/2026

ISLAMABAD: Algeria has invited Pakistani businesses and trade bodies to participate in the 57th Algiers International Fair 2026, terming it...

First lithium battery manufacturing plant set to open in Karachi

byCT Report
14/04/2026

KARACHI: Pakistan’s first national lithium-ion battery manufacturing policy for 2026–31 is nearing approval, while the country’s first lithium battery production...

Diesel shipment from Europe arrives at Karachi port

byCT Report
14/04/2026

KARACHI: A major diesel shipment from Europe has reached Pakistan, as a Liberia-flagged vessel carrying fuel docked at Port Qasim...

SBP opens forward sales window for exchange companies

byCT Report
14/04/2026

KARACHI: The State Bank of Pakistan (SBP) has introduced a new policy that allows exchange companies to conduct short-term forward...

Next Post
????????????????????????????????????

NAB believes in “Zero Corruption, 100pc Development”: Chairman NAB

  • Terms and Conditions
  • Disclaimer

© 2011 Customs Today -World's first newspaper on customs. Customs Today.

No Result
View All Result
  • Transfers and Postings
  • Latest News
  • Karachi
  • Islamabad
  • Lahore
  • National
  • Chambers & Associations
  • Business
  • About Us

© 2011 Customs Today -World's first newspaper on customs. Customs Today.