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 Karachi

Sindh High Court grants bail to suspect in gold smuggling case

byMuhammad Yousaf
06/11/2015
in Karachi, Latest News
Share on FacebookShare on Twitter

KARACHI: The Sindh High Court granted post-arrest bail to a suspect in five cases pertaining to the export of gold worth billions of rupees on fake E-forms.

A single bench comprising Justice Salahuddin Panhwar directed suspect Sajid Abdul Qadir to submit surety bond of Rs 500, 000 in each case.  Sajid Abdul Qadir approached the high court seeking his release on bail after the trial court dismissed his bail plea.

You might also like

DG Valuation revises import values for polyester yarn amid war crisis vide VR No.2069/2026

21/04/2026

OICCI proposes 5pc cap on withholding tax, calls for reforms

21/04/2026

Wajahat Minhas, Muhammad Zubair, Kashan Iqbal, Hanif Musa, Sajid Abdul Qadir, Muhammad Shahid, and Irfan are in custody. However, three accused, Syed Abdul Qawi, Syed Tahir Hussain and Kamran Siddiqui have been released on bail. Tahir Ali and Muhammad Shakeel are still at large.

According to the details of the cases, the customs authorities registered five cases against exporters, including Saani Impex, BD Enterprises and Rubab Corporation, Makkah Enterprises, M/s Reaz Corporation for exporting gold worth billions of rupees on fake E-forms, causing huge losses to the national exchequer.

Advocate Amir Mansoob, the counsel for the applicant, submitted that accused Qawi was granted bail by the high court and the rule of consistency required that the same treatment should be meted out to his client. However, Ashiq Ali Anwar Rana, the customs prosecutor, did not oppose the bail plea.

 

Related Stories

DG Valuation revises import values for polyester yarn amid war crisis vide VR No.2069/2026

byCT Report
21/04/2026

KARACHI: The Directorate General of Customs Valuation, a division of the FBR, issued Valuation Ruling No. 2069/2026 on April 16,...

OICCI proposes 5pc cap on withholding tax, calls for reforms

byCT Report
21/04/2026

KARACHI: The Overseas Investors Chambers of Commerce and Industry (OICCI) has proposed capping withholding tax rates at 5%, urging the...

Zong launches Pakistan’s first 5G facilitation Kiosk at Islamabad Airport

byCT Report
21/04/2026

ISLAMABAD: Zong, Pakistan’s leading technology services enterprise, has set a new industry benchmark by launching the country’s first dedicated 5G...

LHC allows Rs11.2b cost equalisation adjustment deduction for SNGPL in tax dispute

byCT Report
21/04/2026

LAHORE: The Lahore High Court has ruled that the Cost Equalisation Adjustment claimed by Sui Northern Gas Pipelines Limited qualifies...

Next Post

Sindh High Court vacates its stay order in poppy seed smuggling case

  • 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.