Sections 2 (37), 3, 6, 7, 8, 22, 23, 26, 33, 34, 37A and 73 section RA 1125 (I) / 2011, 31 2011 12 2011 Criminal Procedure Code (V of 1898) , Section 497 Tax Fraud Guarantee, the accused's grant was alleged to have been involved in tax fraud by facilitating various manufacturers / importers of textile related items, accused of misusing the provisions of section 31 August 2011. Accuracy company was not real taxpayers and were not doing business in the textile industry, but on the basis of paper transactions, textile manufacturers were declared zero-rated supply under section RO 1125 (I) / 2011 under 31 December 2011. Helping to avoid tax liabilities, while they were imposing 5 on the return filed by the accused company showing illegal adjustment of input tax / refund against the invoices of these units / importers which As he was busy importing steel, the accused caused huge loss of millions of rupees to the national exchequer, under the circumstances.
Related judgments — Karachi High Court Sindh, 2014
