LAHORE: The Special Federal Court of Customs Taxation and Anti-Smuggling will hear a case of accused Manzoor Ahmad in the next week. He was arrested with a charge of tax evasion.
Sources told Customs Today that accused Manzoor Ahmad has a textile factory on Raiwind road. He was allegedly involved in tax evasion by submitting fake returns and other statements before the FBR.
The Inland Revenue Department registered a case against him under Pakistan Sales Tax Act and started investigations. After collecting proofs against the accused, Inland Revenue arrested him and produced him before the court of Chaudhary Ameer Muhammad Khan for physical remand. On the request, customs court approved his physical remand of three days and handed him over to investigation team for further investigations.
The customs court granted him bail as well. The accused has allegedly evaded Rs80million Sales Tax from 2013 to 2014 in a year.