KARACHI: The Customs Court granted bail to suspect namely Syed Muhammad Dabeer Hussain Zaidi of M/s Khadeeja Packages against the surety of Rs. 300,000 and directed him to join investigation, who was nominated in first information report (FIR) of commission of tax fraud by falsifying sales tax invoices.
On 24 May 2021, counsel for the applicant/ accused moved bail application and argued that his client is innocent and has been falsely implicated in this case, who is ready to face trail, therefore, court may grant his bail till final judgement in this case.
After the arguments, court granted his bail and directed him to join investigation when required by investigation officer of this court.
Earlier, investigation officer of Commissioner Inland Revenue Zone-IV, RTO-I submits progress report against informs the court that on a credible information received that M/s Khadeeja Packages had been claiming fake sales tax refund from using different kinds of fraud, fore, their sales tax data retrieved from the FBR e-portal shows that the registered person refund claimed/ adjusted inadmissible input tax of Rs34. 511 million during the tax period Jan 2011 to Oct 2012.
He further submitted that investigation was also carried out by examining the information available at FBR’s e-portal regarding the registered person, involved in the purchases and use of fake and forged invoices/ documents and on the basis of information received and gathered from other sources, it was revealed that illegal and inadmissible input tax/ refund have deceitfully and fraudulently been adjusted and refund of sales tax was obtained on the basis of fake invoices and fake/ fabricated/ bogus documents.
Investigation officer added that above mentioned suspect and others are involved to evasion of duty and taxes in the tune of Rs34.511 million. After the hearing, court approved charge sheet and adjourned the matter for regular hearing.