Case details for Mohammad Bashir Chohan

Name: Mohammad Bashir Chohan

Name: Fazteck Limited

Date of Birth: 11 / 4 / 1958

Date Order Starts: 12 / 4 / 2022

Disqualification Length: 9 Years 0 Month(s)

CRO Number: SC398377

Last Known Address: 16 Marchfield Road, , , , DUNDEE, DD2 1JG

Conduct: Between 01 September 2013 and 30 November 2017, Mohammad Bashir CHOHAN (“Mr Chohan”) caused or allowed Fazteck Ltd (“the company”) to conceal the true level of Value Added Tax (“VAT”) owed to HM Revenue & Customs (“HMRC”) resulting in a loss to HMRC of £457,024 inclusive of VAT, Civil Penalties and Interest • Following registration for VAT from 01 August 2011 Fazteck Ltd submitted returns and paid, in full, the respective declared VAT liabilities up to and including April 2019 • On 27 March 2019, as the result of an investigation conducted by HMRC, it was found that Mr Chohan had caused or allowed the company to under-declare the true level of VAT owed over 16 quarters between 01 September 2013 and 30 November 2017 resulting in HMRC issuing officers assessments in the sum of £240,931 inclusive of interest. This had been calculated on the basis of the difference between the annual accounts turnover for the financial years 2014 to 2017, inclusive, and the declared VAT outputs for the same periods • On 5 June 2019 a letter was issued to the company advising of the intention to charge penalties of £200,694 under Schedule 24 of the Finance Act 2007. HMRC considered that the under declaration of VAT was deliberate and concealed • On 12 July 2019 the company’s agent requested a statutory review, relative to the Penalties raised, on behalf of the company. This was duly undertaken and on 23 August 2019 a letter was issued to both the agent and Fazteck advising that the original decision had been upheld • At Liquidation, HMRC were the majority creditor with liabilities of £460,23 inclusive of interest and penalties, from overall liabilities of £738,586. 

This information is correct as at 23 / 3 / 2022

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