FBR promises refund payments from next week - News Summed Up

FBR promises refund payments from next week


Member says all legiti­mate issues of export­ers will be resolv­edKARACHI: All legitimate matters of exporters in the hands of the Federal Board of Revenue (FBR) will be resolved on a priority basis, said FBR Member Inland Revenue (Operations) Khawaja Tanveer Ahmad. During his visit to the Pakistan Hosiery Manufacturers & Exporters Association (PHMA), he said that the FBR recognises the imperative roles of exporters to enhance Pakistan’s exports and uplift the economy. Textile exporters criticise FBR for delaying refundsHe said that the payments against approved Refund Payment Orders (RPO) shall be released from next week, and for the deferred cases, a committee will be formed to revisit legally admissible cases for payments. On the request of PHMA, Ahmad agreed to provide access of the FBR system to PHMA enabling its members to check their deferred claims of the last five years. Despite of submission of refund claims, the FBR is not issuing new RPOs.


Source: The Express Tribune December 05, 2017 02:37 UTC



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