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Home / Author Archives: M.B. Rana (page 20)

Author Archives: M.B. Rana

Customs Court approves bail of suspect in HSD smuggling case

KARACHI: The Customs Court granted bail to suspect namely Bilal son of Amanullah, who was booked in a case of attempting to smuggle non-duty paid 10,000 liters High Speed Diesel (HSD). On April 11, 2019, counsel for the suspect filed bail petition and argued that applicant is innocent and falsely implicated in this case, who is ready to face trial, ... Read More »

Customs Court issues BWs against father & children involved in money laundering

KARACHI: The Customs Court issued bailable warrants against Pervaz Ali son of Matloob Ali, her daughters Ms Sara Ali, Ms Anum Ali and his son Jibran Ali, who were booked in a case of transferring $4,094,500 to USA for money laundering. On April 10, 2019, court issued their bail-able warrants against the surety of Rs100,000 and directed the above named ... Read More »

SHC releases detailed verdict of mega money laundering case transfer to Islamabad

KARACHI: A division bench, headed by Chief Justice Ahmed Ali M Shaikh released detail judgment of criminal review appeals filed by Asif Ali Zardari, Faryal Talpur, Anwar Majeed, A G Majeed, Hussain Lawai against banking order verdict transferred mega money laundering case from banking court Karachi to Islamabad NAB Court. On April 11, 2019, SHC released 06 pages detail judgment ... Read More »

FBR challenges SHC verdict granting exemption from customs duty on import of tiles

KARACHI: The Supreme Court of Pakistan directed counsel for Federal Board of Revenue to conclude his final arguments on civil petition for leave to appeal filed by Collector of Customs Appraisement West, Port Muhammad Bin Qasim, East and chairman FBR against verdict of SHC which granted relief to 60 importers regarding exemption from customs duty on import of tiles. On ... Read More »

Customs Court approves physical remand of suspect in smuggling case

KARACHI: The Customs Court sent suspects namely Ghulam Qadir son of Muhammad Ishaq to customs department on physical remand who was booked in a case of attempting to smuggle non-duty paid 10250 kilograms monosodium glutamate Dabang brand Chinese salt Ajinomoto. On April 09, 2019, investigation officer produced the above-named suspect before the court and informed that on an actionable information, ... Read More »

I&I-IR lodges FIR against father & children in money laundering case

KARACHI: Directorate of Intelligence & Investigation-IR lodged first information report against father and his three children who are Pakistan and USA dual nationals are allegedly involved in money laundering and evaded taxes in the tune of Rs112,941,199. On April 8, 2019, investigation officer submitted FIR before the court and informed a credible information was received that Pervaz Ali son of ... Read More »

M/s Ali Zubaida Traders approaches SHC seeking release of imported dry copra consignment

KARACHI: M/s Ali Zubaida Traders approached the Sindh High Court (SHC) seeking release of its imported dry copra consignment which was stopped by customs officials due to disputed valuation. Counsel for the petitioner stated in his petition that petitioner is a proprietorship concern engaged in the import and supply of dry copra and scrupulously discharges its liabilities under various laws ... Read More »

SC seeks reply from FBR over levy of value addition tax under SRO 480 (1)/2007

KARACHI: The Supreme Court directed counsel for FBR to come prepare and submit final arguments on petition filed by collector Appraisement East, West, Air Freight Unit (AFU) and chairman FBR challenging SHC judgment regarding suspension of imposition levy of value addition tax @ 3% in terms of SRO 480 (1)/2007. A two-member bench, comprising Justice Maqbool Baqar and Justice Sajjad ... Read More »

Customs Court extends physical remand of suspects in smuggling case

KARACHI: The Customs Court resent suspects namely Naveed son of Muhammad Haroon and Tariq Ali son of Muhammad Akram due to extension in their physical remand, who were allegedly involved in a case of attempting to smuggle non-duty paid Lux Bar soap, Pears transparent soap, betel nuts and other contraband goods. On April 6, 2019, investigation officer produced the above-named ... Read More »

M/s Haffaz Corporation moves SHC against enhancement of goods consignments

KARACHI: M/s Haffaz Corporation Private Limited approached the Sindh High Court (SHC) against enhancement of goods comprising carbon steel seamless pipes’ consignments from 11.52 percent to 15.36 percent under PCT Heading no 7304.1900. On April 6, 2019, counsel for the petitioner stated in his petition that petitioner is engaged in the import and export of carbon steel seamless pipes for ... Read More »

I&I-IR lodges FIR against Salar Enterprises & others in money laundering case

KARACHI: Directorate of Intelligence & Investigation Inland Revenue lodged first information report against proprietor of M/S Salar Enterprises & M/S Salar Mining Enterprises and others booked in using benami six accounts to conduct business and evaded taxes more than Rs1 billion and also involved in money laundering. On April 5, 2019, investigation officer submitted first information report against suspects namely ... Read More »

Customs Preventive lodges FIR against lady booked in Boostin injection smuggling case

KARACHI: The Customs Court sent suspects namely Samina Farooq wife of Muhammad Farooq to customs department on physical remand, who was arrested in a case of attempting to smuggle 6,000 boostin Injection from Abu Dubai to Pakistan. On April 5, 2019, investigation officer of customs preventive produced the above mentioned lady before the court and informed that she was coming ... Read More »

Customs Court approves remand of suspects in HSD smuggling case

KARACHI: The Customs Court sent suspects Ismail son of Fateh Gul, Allah Bukhsh son of Ahmed Bukhsh and Nazir Ahmed son of Ali Muhammad to jail on judicial remand, who were alleged involved in a case of attempting to smuggle non-duty paid 60,000 liters High Speed Diesel. On April 03, 2019, investigation officer of customs preventive produced the above-mentioned suspects ... Read More »

SHC restrains NAB from arresting SRB member in money laundering case

KARACHI: The Sindh High Court (SHC) restrained National Accountability Bureau to arrest Muhammad Hussain, senior member Sindh Revenue Board (SRB) and former commissioner Karachi, who was allegedly involved in money laundering and corrupt practices. On April 3, 2019, a two-member bench, headed by Chief Justice Ahmed Ali M Shaikh issued notice to Director General NAB Sindh and special prosecutor for ... Read More »

I&I-IR lodges FIR in money laundering & income tax evasion case

KARACHI: Directorate of Intelligence & Investigation (IR) has lodged FIR against Muhammad Ibrahim son of Bashir Ahmed for concealment of income tax evasion, money laundering to the tune of Rs23,723,000. On April 2, 2019, during the hearing, investigation officer submitted FIR and informed the court that credible information was received that said suspect is maintaining a bank account in Habib ... Read More »

Supreme Court seeks comments from FBR on petition filed against M/s Attock Cement

KARACHI: The Supreme Court directed counsel for Federal Board of Revenue (FBR) to file comprehensive comments on a civil petition for leave to appeal filed by the Commissioner IR Zone-II, Large Taxpayer Unit Karachi against M/s Attock Cement Pakistan Ltd for recovery of sales tax. On April 2, 2019, a two-member bench, comprising Justice Maqbool Baqar and Justice Sajjad Ali ... Read More »

Collector Customs Gwadar approaches SC for recovery dues from M/s Byco Petroleum

KARACHI: A division bench, comprising Justice Muqbool Baqir and Justice Sajjad Ali Shah directed parties to file their comments and come prepare for final arguments on a civil petition filed by Collector of Customs Gwadar for recovery of evaded duty and taxes in the tune of Rs97,220,067 from M/s Byco Petroleum Pakistan Ltd, Karachi. On April 1, 2019, counsel for ... Read More »

SHC seeks comments on petition filed by M/s Tata Textile Mills

KARACHI: The Sindh High Court (SHC) directed customs department to file their comprehensive para-wise comments on a constitutional petition filed by M/s Tata Textile Mills Ltd against show cause notice for recovery of Rs114,962,747 on account of customs duty and taxes. On April 1, 2019, counsel for the petitioner stated in his petition that a show cause notice was issued ... Read More »

M/s Decent Enterprises approaches SHC against suspension of license

KARACHI: M/s Decent Enterprises approached the Sindh High Court (SHC) against suspension of its customs clearing & forwarding agents’ license by customs department due to its involvement in NATO/ISAF scam. On March 30, 2019, counsel for the petitioner stated in his petition that petitioner is sole proprietorship which is engaged in business of customs clearing & forwarding agents, and carries ... Read More »

Customs Court approves remand of suspect in Iranian HSD smuggling case

KARACHI: The Customs Court sent suspects namely Hussain Khan son of Moosa Khan and Bacha Rehman son of Muhammad Jaleel to customs preventive on physical remand, who were booked in a case of attempting to smuggle non-duty paid 9,000 liters High Speed Diesel. On March 30, 2019, investigation officer of customs preventive produced the above-mentioned suspect before the court and ... Read More »