AIRLINK 80.60 Increased By ▲ 1.19 (1.5%)
BOP 5.26 Decreased By ▼ -0.07 (-1.31%)
CNERGY 4.52 Increased By ▲ 0.14 (3.2%)
DFML 34.50 Increased By ▲ 1.31 (3.95%)
DGKC 78.90 Increased By ▲ 2.03 (2.64%)
FCCL 20.85 Increased By ▲ 0.32 (1.56%)
FFBL 33.78 Increased By ▲ 2.38 (7.58%)
FFL 9.70 Decreased By ▼ -0.15 (-1.52%)
GGL 10.11 Decreased By ▼ -0.14 (-1.37%)
HBL 117.85 Decreased By ▼ -0.08 (-0.07%)
HUBC 137.80 Increased By ▲ 3.70 (2.76%)
HUMNL 7.05 Increased By ▲ 0.05 (0.71%)
KEL 4.59 Decreased By ▼ -0.08 (-1.71%)
KOSM 4.56 Decreased By ▼ -0.18 (-3.8%)
MLCF 37.80 Increased By ▲ 0.36 (0.96%)
OGDC 137.20 Increased By ▲ 0.50 (0.37%)
PAEL 22.80 Decreased By ▼ -0.35 (-1.51%)
PIAA 26.57 Increased By ▲ 0.02 (0.08%)
PIBTL 6.76 Decreased By ▼ -0.24 (-3.43%)
PPL 114.30 Increased By ▲ 0.55 (0.48%)
PRL 27.33 Decreased By ▼ -0.19 (-0.69%)
PTC 14.59 Decreased By ▼ -0.16 (-1.08%)
SEARL 57.00 Decreased By ▼ -0.20 (-0.35%)
SNGP 66.75 Decreased By ▼ -0.75 (-1.11%)
SSGC 11.00 Decreased By ▼ -0.09 (-0.81%)
TELE 9.11 Decreased By ▼ -0.12 (-1.3%)
TPLP 11.46 Decreased By ▼ -0.10 (-0.87%)
TRG 70.23 Decreased By ▼ -1.87 (-2.59%)
UNITY 25.20 Increased By ▲ 0.38 (1.53%)
WTL 1.33 Decreased By ▼ -0.07 (-5%)
BR100 7,626 Increased By 100.3 (1.33%)
BR30 24,814 Increased By 164.5 (0.67%)
KSE100 72,743 Increased By 771.4 (1.07%)
KSE30 24,034 Increased By 284.8 (1.2%)

LAHORE: All Pakistan Textile Mills Association (APTMA) has appreciated Federal Tax Ombudsman (FTO) Dr Asif Mahmood Jah for providing prompt relief to export oriented sectors against the inordinate delay caused by Export Oriented Sector Registration Cell (ESRC) of the Federal Board of Revenue (FBR) in processing cases of export units for electricity and gas tariff.

Hamid Zaman, Chairman, APTMA (NZ) said that processing of energy tariff cases was being delayed on lame excuses and false pretexts, forcing the exporters to pay excessive tariff on electricity and gas. Consequently, they were being saddled with extra financial burden reducing their competitiveness in the global market against their local and regional competitors.

Zaman said that textile mills had apprised FTO that a Standard Operating Procedure directions of Economic Coordination Committee (ECC), was issued through FBR Circular No. 04 of 2020 prescribing procedure for enrolment of registered persons to qualify for special energy tariff. Unfortunately, the legally laid down SOP was being blatantly violated by adopting delaying tactics causing immense loss to the applicants.

The matter was immediately taken up by the Honourable FTO who vide his decision in Complaint No. 1974/ISD/ST2022 held that the delay caused by FBR tantamount to maladministration and unambiguously directed FBR to process all cases for concessionary energy tariff on Fast Track day to day basis without any delay or deviation from the prescribed procedure.

APTMA has lauded FTO for cost free redressal of the genuine problem of export industry without any lapse of time. Such decisions go a long way to help the export sector to focus on exports instead of wasting their valuable time in trivial procedural and bureaucratic formalities.

APTMA has expressed the hope that FBR would implement FTO directions in letter and spirit to ensure that all cases, received from trade bodies for energy tariff are processed on priority to avoid irretrievable financial loss to the exporters.

Copyright Business Recorder, 2022

Comments

Comments are closed.