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Customs Exports submits challan against M/s First Way Link Traders & others involved in tax evasion

Customs Exports submits challan against M/s First Way Link Traders & others involved in tax evasion

KARACHI: The Customs Court issued non bail-able warrants against absconding suspects namely Afaq Ahmed, proprietor of M/s First Way Link Traders, Asim Jadoon, partner/ owner of M/s International Cargo Leaders, Haji Juma Gul, Shah Wali, owners of goods exported against fake Form E Nazimuddin, Supplier of all fake Form E and others, who were booked in a case of mega tax evasion Rs376,775,114.

On October 20, 2018, investigation officer of Customs Collectorate of Exports has submitted interim charge sheet against the above mentioned suspects and others and informed the court that during the investigation, it was revealed that importers have submitted fake and fabricated Form-Es, meaning thereby that the foreign exchange amounting to $3,345,380 (Rs376,775,114) was not remitted in the country, despite that goods have been exported, hence the exporter with the collusion/ help of clearing agent have hoodwinked customs by submitting fake documents.

He argued that suspects namely Muhammad Qasim Kazi, Export Manager of M/s Kazi Corporation, Muhammad Nadeem Suleman Khel, Muhammad Akhtar, representative of M/s Faster Line Business and Asmatullah, owner of the goods are arrested and on judicial custody, however, including Afaq Ahmed and others are still absconders in this case, after the hearing, court taken interim challan into court record and issued non bail-able warrants against above mentioned absconding suspects.

Case was registered against above mentioned suspects have violated the provisions of Section 16, 32 (1), 32 (1), 32 (2), 32A, 131, 192 & 209 of Customs Act, 1969 ppragraph-3, 16 & 17 of Export Policy Order 2016 read with Section 3 of the Imports & Exports Control Act, 1950 further read with Foreign Exchange Regulation Act, 1947, punishable under Clauses 1, 9, 14, 14-A, 77 & 77 & 86 of Sub Section 1 of Section 156 of the Customs Act, 1969 Paragraph-17 of Export Policy Order-2016 further read with Section-5 of the Imports and Exports Control Act, 1950, further read with the Foreign Exchange Regulation Act, 1947.