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Customs Court convicts three in tax evasion case

Customs Court convicts three in tax evasion case

KARACHI: Customs Taxation and Anti-Smuggling Court Judge Syed Faiz Rasool Rashdi convicted Tikam Das and Muhammad Yousaf Baig for already undergone period in customs/ judicial custody. Both were booked in a duty and taxes evasion case of Rs 10,395,263.

The court also convicted till rising of the court and imposed a fine of Rs 200,000 on the third suspect, Hafiz Mehdi Hassan. He will undergo simple imprisonment for one year in case he fails to pay the fine.

According to the prosecution, the convicts were involved in unlawful clearance of alcohol and other bonded goods through their diplomatic bonded warehouse Clifton Karachi, under the garb of ship stores supplies and using fake and forged documents. They supplied alcohol to foreign ships berthed at Karachi Port and evaded duty and taxes to the tune of Rs 10,395,263.

A case was registered against them under section 156 (1) (14) (14A) (81) (82) of the Customs Act 1969.