KARACHI: The Sindh High Court (SHC) has once again directed the counsel for the Federal Board of Revenue’s (FBR) Inland Revenue (IR) Intelligence and Investigation to submit a reply on the bail plea of two suspects in a flying invoices case.
A case pertaining to a single bench of the SHC has adjourned the bail applications filed by Arshad Ali Khan and Touseef Ahmad, who were allegedly involved in issuance of fake sale tax invoices of more than Rs 1 billion. The accused persons moved the court seeking post-arrest bail in the case after the trial court rejected their bail pleas.
According to the officials of IR Intelligence and Investigation, the suspects Arshad Ali Khan, Javed Anwar Khan, Tauseef, and Rashid Ali Khan issued invoices using names 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 Touseef 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, was expired in February 2007 and the tax department was also intimated about cancellation of sales tax registration of the firm.
