Directorate General of Intelligence and Investigation Inland Revenue has decided to arrest more businessmen of computer industry by expanding the scope of investigation into sales tax evasion case of computer importer for his alleged involvement in sales tax evasion to the tune of Rs 150 million. Sources told Business Recorder here on Saturday that the agency is planning to arrest some more traders engaged in business of computer import and sales in coming days.
These businessmen are also involved in same tax evasion case. On Saturday, Special Judge Customs and Excise has extended physical remand of the accused for another four days. The importer has been engaged in import and local re-sale of computer items in domestic market. The agency has worked out alleged tax evasion to the tune of Rs 150 million. Following registration of FIR against the importer, the agency had arrested the accused.
During the inquiry, import data of a leading IT company's partners in Pakistan, which was shared by IT company, was checked and it was found that the accused made purchases from the said international IT company in millions of dollars, and subsequently made supplies to different persons in Pakistan, however did not discharge his sales tax liability by not getting himself registered with tax department.
Further inquiry in the case revealed that the person made purchases of over $8 million from July 1, 2010 to June 30, 2012. The said purchases were subsequently brought to Pakistan. In the light of facts reported above and evidence available on record, the case under section 37A of the Sales Tax Act read with section 2(37) is registered against him for allegedly committing offences including tax fraud as defined under section 2(37) of the Act punishable under section 33(13) & 33(7) of the Sales Tax Act, 1990, the directorate of intelligence IR added.
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