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Customs Court grants bail to representative of M/s UK Traders booked in tax evasion case

Customs Court grants bail to representative of M/s UK Traders booked in tax evasion case

KARACHI: The Customs Court granted bail to suspect Muhammad Aamir, representative of M/s U.K. Traders, who was booked in a case of evasion of duties and taxes through submission of fake and forged documents showing under invoiced/suppressed transaction value of the goods.

On December 6, 2018, counsel for the accused filed bail petition and submitted that his client is innocent and was falsely implicated in this case, who is ready to face trial; therefore, court may grant his bail till final judgment is this case.

After the hearing, court granted his bail against the surety of Rs200,000 and directed him to appear before the court on next date of hearing.

On last date of hearing, investigation officer of Customs Appraisement East submitted interim charge-sheet against Muhammad Saleem, owner/partner of M/s Sons Traders and Muhammad Aamir of M/s U.K. Traders and informed that they imported a consignment and declared as 27,144 liters basil seed ice drink of Thailand worth Rs784,198 and 18,096 liters basil seed drink in assorted flavour (glass bottle) valuing at Rs853, 727 and others goods.

He submitted that the above-mentioned accused imported goods worth Rs 2,800,869 and paid duties and taxes to the tune of Rs2,139,094; however, during the examination, goods were recovered as basil seed ice drink (flavour apricot, strawberry/blueberry/pineapple, apple etc), basil seed drink in assorted flavor of (glass bottle) (brand uno premium) and others.

Investigation officer further submitted that they had to pay duties and taxes of Rs7,164,624; however, they paid Rs5,447,411 and evaded the duties and taxes in the tune of Rs3,267,223.

After hearing, the court accepted interim challan and issued non-bailable warrants against absconding suspects.