Karachi: Group caught embezzling tax refunds
KARACHI: The Directorate of Intelligence and Investigation Inland Revenue (DIIIR) has unearthed yet another group guilty of embezzling millions of rupees in sales tax refunds through the filling of fictitious invoices. The DIIIR Monday also arrested Khurram Aftab, an important member of the group who, it was discovered, was responsible for re-funds worth Rs90-100 million.
According to details, the said group has for the last eight years been busy in preparing fictitious and flying invoices to draw tax refunds. Seema Shakeel, Director I&I Inland Revenue Karachi supervised the raids to nab the culprits.
It was also revealed that the group was busy in preparing fictitious invoices for industries related to textiles, auto parts and plastics. It also came to light that the arrested accused is a near relative of a Customs Intelligence officer. More arrests in this connection are likely to take place soon.