Sunday , July 25 2021
Breaking News
Home / Author Archives: M.B. Rana (page 20)

Author Archives: M.B. Rana

Customs Court acquits suspects booked in sales tax evasion scam

KARACHI: The Customs Court allowed application under section 265-K Cr.PC and acquitted suspects namely Rehan Saeed Khan and Muhammad Muddasir representative of m/S Bilal Enterprises, who were nominated in a case of sales tax fraud scam. On 18 October 2020, Customs Today received court order. During the hearing, Jazib Aftab and Saad Siddiqui advocates for accused persons, Ashiq Ali Anwar ... Read More »

SHC directs to release consignment imported by M/s A K International on bank guarantee

KARACHI: A division bench of the Sindh High Court (SHC) directed customs officials to consider application of importer for sending the samples to some independent laboratory for testing purpose and provisional release of subject consignment after securing disputed amount of duty and taxes on a constitutional petition filed by M/s A K International seeking release of its imported pile fabric ... Read More »

Collector PMBQ seeks dismissal of petition filed by M/s Dany Technologies & others

KARACHI: Jahangir Bohio, Assistant Collector-Law has submitted reply before a division bench of Sindh High Court (SHC) on behalf of Collector of Customs Port Muhammad Bin Qasim and prayed for dismissal of constitutional petition filed by M/s Dany Technologies, M/s Uni Champion Trading, M/s Grerry’s Global Trade and M/s Wajahat Electronics against detention of imported mobile speakers, earphones, mobile chargers, ... Read More »

Customs Court directs to freeze 18 bank accounts of M/s Khan Cargo Carrier in money laundering scam

KARACHI: The Customs court allowed provisionally attachment of 18 bank accounts, appears to be involved in money laundering for a period of 90 days from the date of order against Muhammad Khan, proprietor of M/s Khan Cargo Carrier, M/s Malik & Khan Brothers Goods Transport Co and M/s Khan Enterprises, who was nominated in a case of mega money laundering, ... Read More »

SHC directs customs officials not to take action against M/s International Industries Limited

KARACHI: The Sindh High Court (SHC) restrained customs officials from taking any coercive action against importer M/s International Industries Limited who approached court against show cause notice issued by Collectorate of Customs PMBQ for recovery of duties and taxes payable on zinc wastages produced by it during the manufacturing process. On 19 October 2020, a two-member bench heard the matter. ... Read More »

Sales tax evasion of Rs95.108m: IR lodges FIR against M/s Royal Industries

KARACHI: Deputy Commissioner Inland Revenue, Zone-I submitted first information report (FIR) against Muhammad Zain Anis owner of M/s Royal Industries, who was booked in a case of tax fraud and evasion of sales tax amounting to Rs95.108 million. On 17 October 2020, investigation officer submitted FIR and informed the court that office was received a red alert letter dated Dec ... Read More »

Customs court awards imprisonment to suspect in contraband goods smuggling case

KARACHI: The Customs & Taxation Court awarded 25 days imprisonment and fine Rs3,00,000 to suspect namely Naimat Ullah son of Rahim Din, who was booked in a case of attempting to smuggle contraband goods into Pakistan. “If the fine amount is not paid the accused shall suffer simple imprisonment for six months more”. Court mentioned in its order. On 16 ... Read More »

Tax evasion: IR II&P  submits FIR against M/s Zainab Enterprises/Safwan Trading Corporation

KARACHI: Investigation officer of Inland Revenue (IR), Intelligence Investigation & Prosecution (II&P) Cell has submitted first information report before the customs court against owner of M/s Zainab Enterprises/ Safwan Trading Corporation on commission of tax fraud by claiming illegal input/ obtaining sales tax refund on strength of fake and flying invoices and false zero-rated supplies without having any manufacturing facility. ... Read More »

SHC seeks reply on petition filed by M/s Puma Energy (Pvt) Ltd against demand notice

KARACHI: A division bench of the Sindh High Court (SHC) issued notices to customs authorities and deputy attorney general of Pakistan and directed them to file para wise comments on a constitutional petition filed by M/s Puma Energy Pakistan (Pvt) Ltd against demand notice on import of gasoline. On 16 October 2020, during the hearing, Hyder Ali Khan appeared on ... Read More »

SHC seeks reply on petition filed by M/s Haji Muhammad Enterprises & M/s Global Trading Co for release of goods

KARACHI: The Sindh High Court (SHC) directed customs officials to ensure filing their respective para wise comments on a constitutional petition filed by M/s Ali Muhammad Brothers, M/s Haji Muhammad Enterprises and M/s Global Trading Co seeking provisional release of their consignments comprising low end brand shoes, slippers, chappals and joggers etc. On 15 October 2020, Ghulam Hyder Shaikh advocate ... Read More »

Mis-declaration: Customs court calls progress report against M/s Electromed Corp on & M/s Rempex Trading

KARACHI: The Customs Court directed investigation officer to complete investigation and submit progress reports against directors, partners of M/s Electromed Corporation, M/s Rempex Trading and others, who were nominated in mega mis-declaration scam. On 14 October 2020, investigation officer of Customs Collectorate Appraisement and Facilitation West submitted first information report (FIR) against the above mentioned importers and informed the court ... Read More »

SHC issues notices on petition filed by M/s Interlink Corporation seeking release of ice cream flavors

KARACHI: A division bench of the Sindh High Court (SHC) issues pre-admission notices to the customs department and deputy attorney general of Pakistan and directing them to file their respective para wise comments on a constitutional petition filed by M/s Interlink Corporation seeking release order of ice cream of different brand and assorted flavors imported from UAE. On 15 October ... Read More »

Appraisement East submits charge sheet against M/s Shafi Dyeing & M/s Younus Sons in mis-declaration scam

KARACHI: The Customs Court approved interim charge sheet against suspect Muhammad Fazal Noorani, proprietor of M/s Younus Sons and Shoukat Ali proprietor of M/s Shafi Dyeing, who were nominated in FIR for submission of fabricated invoice to evade legitimate government revenue. On 14 October, 2020, investigation officer submitted progress report and informed that during the course of audit to nab ... Read More »

SHC restrains customs officials from encashment of pay order furnished by M/s Mass Pharma

KARACHI: A division bench of the Sindh High Court (SHC) restrained customs officials from encashment of pay orders furnished by the petitioner till next date of hearing on a constitutional petition filed by M/s Mass Pharma Private Limited against enhancement of valuation of its imported goods comprising Glucosamine Chondroitin Tablet (heath supplement) from US$1.8366 to US$ 18/kg in the light ... Read More »

Mis-declaration: SHC bars customs officials to arrest partner of M/s Taimoor Impex

KARACHI: A division bench of the Sindh High Court (SHC) directed customs officials to submit para wise comments on a constitutional petition filed by Junaid Ahmed Banth against lodging first information report (FIR) and detention of goods and warrants of arrest issued by the Customs Court Karachi. On 12 October 2020, a two-member bench heard the matter, during the hearing, ... Read More »

Customs E&C submits interim charge sheet of foreign origin cloth smuggling case

KARACHI: Investigation officer of Collectorate of Customs Enforcement & Compliance (E&C) submitted interim charge sheet against suspect namely Abdul Razaq son of Abdullah Jan and others, who were nominated in first information report for smuggling of jersey cloth printed and non-printed etc worth Rs128, 850,000. On 13 October 2020 investigation officer submitted charge sheet and informed the court that an ... Read More »

Customs Court seeks progress report against proprietor of M/s Khan Cargo Carrier

KARACHI: The customs court directed investigation officer to complete investigation and submit progress report against Muhammad Khan, proprietor of M/s Khan Cargo Carrier, M/s Malik & Khan Brothers Goods Transport Co and M/s Khan Enterprises, who was nominated in a case of mega money laundering, tax evasion, furnishing inaccurate particulars of income/ wealth etc. On 12 October 2020 investigation officer ... Read More »

SHC seeks comments on petition filed by M/s Dany Technologies & others against detention of consignments

KARACHI: The Sindh High Court (SHC) directed customs officials to submit comments on a constitutional petition filed by M/s Dany Technologies, M/s Uni Champion Trading, M/s Grerry’s Global Trade and M/s Wajahat Electronics against detention of imported consignments comprising mobile speakers, earphones, mobile chargers, power bank, tablets etc under the garb of valuation ruling No 1462/2020. On 12 October 2020, ... Read More »

Court defers framing of charge against chairman AKD Group & others on complaint filed by JS Bank

KARACHI: Additional District & Session judge central deferred framing of charge against Aqeel Karim Dhedhi, Chairman AKD Group, Mubashir Luqman, news anchor on a complaint filed by JS Bank Limited in a case of alleging accused persons entered into a criminal conspiracy to defame ex-chairman of the complainant Bank. 10 October 2020 was fixed for framing charge against the above ... Read More »

Customs I&I submits FIR against M/s SA Traders & M/s Chess Shipping & Logistics in mis-declaration scam

KARACHI: The Customs Court directed investigation officer of Directorate General of Customs Intelligence & Investigation to complete investigation and submit progress report against Sohail Habib Bhagat of M/s SA Traders, Muhammad Khurram Dawood & Faisal Tbani partners of M/s Chess Shipping & Logistics (Pakistan) and others, who were nominated in first information report (FIR) mega mis-declaration scam. On 10 October ... Read More »