Wednesday , August 12 2020
Breaking News
Home / Lahore / Court adjourns bail plea in Rs 500 million tax evasion case
Court adjourns bail plea in Rs 500 million tax evasion case

Court adjourns bail plea in Rs 500 million tax evasion case

LAHORE: The Special Federal Court of Customs Taxation and Anti-Smuggling has adjourned the bail plea of accused Amjad Amin who is allegedly involved in tax evasion of Rs 500 million. The Special Court had already approved his physical remand two times. Now the court has sent him jail on judicial remand.

According to well informed sources of Customs Today accused Amjad Amin was importing containers from China from quite some time. After passage of a considerable period, Customs authorities received credible information that the accused is involved in mis-declaration of goods. They stated that the accused was not declaring the actual amount of the imported goods. When Customs authorities scrutinized his documents, they found a fraud of Rs 500 million in the form of tax and duty evasion.

Customs Intelligence and Investigation arrested him and presented him before the Court where they got physical remand of the accused twice. Ajmal Amin is a resident of Lahore and a well-known importer. He has been engaged in the import business for quite some time.  Now Judge of the Special Court Nazeer Ahmad Gajana has adjourned the case of bail plea up to July 9, 2015 for further hearing.