KARACHI: Zubair Tufail, Pervez Tufail, Salam Tufails and four others of InterPlas were admitted to bail against a solvent surety of rupees 500,000 each by a division bench of High Court of Sindh (SHC) here Wednesday.
The bench comprising Justice Junaid Ghaffar and Justice Muhammad Humayoon Khan earlier heard Barrister Farogh Naseem who representing the applicants submitted that National Accountability Bureau (NAB) under the garb of investigations are harassing the applicants. The allegation pertain to alleged export rebate fraud case which is beyond the jurisdiction of NAB, he submitted. A bench of SHC has declared 3 per cent Sales Tax (Value Addition) paid by the applicants null and void after which a refund of rupees 75 million became due in favor of accused and to save this money, they were being harassed under concocted allegations, the counsel submitted establishing mala fide by the Income Tax/Sales Tax authorities.
According to details, applicants/accused during 2010-12 imported PMC (Plastic Moulding Compound) commonly known as ‘plastic dana’ used for manufacturing plastic goods. They sold the consignments in open market. Three of the bulk purchasers later after value addition re-exported the PMC and claimed some rebate.
The NAB authorities investigated the case against the exporters and also roped in the present applicants who had no nexus with the acts of purchasers after open market sale.
The bench after hearing the arguments of Dr. Farogh Naseem admitted the applicant/accused to bail against solvent surety of rupees 0.5 million each.