KARACHI: Sheeraz Ahmed, an accused arrested in Rupees 290 Billion sales tax fraud case was admitted to bail by Justice Adnan Iqbal Choudhry of High Court of Sindh (SHC). Umer Farooq Advocate represented the accused who was ordered to submit a surety of Rupees 1,000,000 (One Million).
He was booked in FIR 02/2024 -25 at PS Directorate of Intelligence & Investigations–IR (FBR). The main charges that of committing a tax fraud as defined under section 2(37) of the Sales Tax Act 1990. The accused allegedly used the ID and password of a deceased person Arshad Mehmood Noor Awan by up-loading a fake Annexure–C to supplementary tax returns filed by M/s Safa International Marketing.
Following is the text of order: