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Print Print edition: 2023-03-08

FBR restores ‘FASTER’ system

ISLAMABAD: The Federal Board of Revenue (FBR), Tuesday, restored “FASTER” system for speedy payment of sales tax...
Published Updated

ISLAMABAD: The Federal Board of Revenue (FBR) Tuesday restored “FASTER” system for speedy payment of sales tax refunds to exporters.

Arrangements aimed at restoring ‘FASTER’ finalised

The FASTER system was non-operational since January 2023. On Tuesday, the FBR started issuing electronic refund payment orders (e-RPOs) to the exporters and pending refunds up to February 20 would be issued and directly credited into the exporter’s bank accounts, officials added.

Copyright Business Recorder, 2023

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Shakil Ahmed Mar 08, 2023 03:57pm
Thanks for update
0