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Last update: Wed, 29 Jun 2016 08am
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Rs four billion ST refund disbursed

Regional Tax Office Faisalabad has disbursed Rs 4 billion sales tax refund during the last financial year, disclosed Muhammad Ashraf Khan, Chief Commissioner, Inland Revenue Services addressing a meeting of leading textile exporters at Pakistan Textile Exporters Association (PTEA) office on Wednesday.

He said that the government has geared up its efforts to boost the national exports and FBR is doing its best to release all pending sales tax refund claims of textile exporters within the mandatory period. It was for the first time that refund cases were processed within time limit to facilitate the exporters at Faisalabad regional tax office, he said. Majority of long time pending refund cases have also been resolved, however sales tax claims of Rs 3 billion are still pending at RTO, he added.

He asked the exporters to bring problem into his notice and that it would be resolved amicably. Regarding special excise duty refunds, chief commissioner said that SED pending cases were being cleared expeditiously and only 288 claims of Rs 193 million were pending at this time. He assured to clear all such cases within shortest possible time.

He assured the exporters that all the refund claims were treated on same parameters as set by the government and there were no any different parameters. All refund claims were released on first come first serve basis in most fair and transparent manner, he added.

A complaint cell at regional tax office has been formed to facilitate the exporters, he said. He asked the exporters to register their complaints in processing of refund claims. All complaints would be treated on emergency basis to redress the exporter's problems, he assured.

Copyright Business Recorder, 2011