Cement factory involved in fake sales tax invoice fraud

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Cement factory involved in fake sales tax invoice fraud
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Cement factory involved in fake sales tax invoice fraud

Cement factory procures smuggled coal for use in cement making, I&I sources. Photo: File

Karachi: While taking action, a reputed cement factory has been identified as involved in fake sales tax invoice fraud.

I&I sources said that the cement factory purchased smuggled coal for use in cement production but used fake invoices to make the purchase appear legal.

Sources said that the cement factory had tried to steal sales tax worth Rs 8.60 lakh through this fraud, but the I&I officials have succeeded in recovering the stolen sales tax after investigation and the cement factory The scope of the investigation has been widened.

Cement factory involved in fake sales tax invoice fraud