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Director of M/s Hamdard Packet files acquittal petition in sales tax evasion

Director of M/s Hamdard Packet files acquittal petition in sales tax evasion

KARACHI: Humayun Aslam, director of M/s Hamdard Packet Pvt Ltd has approached the customs court and moved petition under section 265-K CR.PC for acquittal in a case of fake/ bogus purchase with several suppliers in order to evade sales tax and causing loss to government exchequer.

On 11 April 2020, during the hearing, counsel for the applicant argued that according to facts that M/s Hamdard Packages Private Ltd is registered with the sale tax department as manufacturer, importer and supplier vide sales tax registration and engaged in manufacturing carton in local market, applicant as director nominated as accused in FIR on the ground that company has made fake/ bogus purchase with several suppliers in order to evade sales tax and loss to government exchequer in millions of rupees.

Counsel further submitted that court has issued warrant of his client in compliance of the court warrant, a team of this directorate visited registered premises of its office but could not find him on the registered premises, meanwhile applicant undersigned on telephone that the has already on bail vide orders of customs and taxation court.

The counsel further submitted that they are doing business of corrugated cartons/ paper products and registered with the sales tax department as a manufacturer importer and supplier. He denied the charges against him regarding fake/ bogus purchase and adjustment of input tax causing loss to government exchequer.

According to the applicant, all their supplier were active on FBR web portal at the time of purchase of goods, he also vehemently stated that all the payment have been made through proper banking channel and full compliance of section of the sales tax act, 1990.

He said that matter has been investigated scrutinized and well analyzed by the prosecution by nothing has been surfaced against the present applicant, in the same case other applicant has been acquitted by this court in shape of allowing application under section 265-K.