KARACHI: The customs court sought progress report against Abdul Aziz, owner of M/s Mega Tex Fiber Industries, who was nominated in first information report (FIR) for committing tax fraud by claiming illegal, input/obtaining sales tax refund on the strength of fake and flying invoices and false zero rated supplies without having any manufacturing facility.
On 20 November 2020, investigation officer of II&P Cell, Zone-I, IR submitted that during the investigation, in was established that the above mentioned suspect and others, registered and unregistered persons who are directly, indirectly knowingly, dishonestly, fraudulently and without any lawful excuse are the beneficiaries and whose criminal negligence and connivance by any act or caused to do any act, payment of sales tax leviable under the sales tax act, 1990, claiming illegal sales tax refunds on the strength of fake/flying invoices and fake zero rated supplies fraudulently operated active without payment of sales tax, have committed tax fraud as defined under section 2 (37) of the sales tax act, 1990.
He further stated that suspects evaded amounting of Rs2.107 million (final amount to be ascertained during the investigation).
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.
