Improvement in refund system: Aptma hails FBR’s efforts

16 Mar, 2021

KARACHI: All Pakistan Textile Mills Association (Aptma) has appreciated Federal Board of Revenue’s efforts for improving sales tax refund system.

Shahid Sattar Executive Director and Secretary General Aptma on Monday met Member Inland Revenue Operations Dr. Muhammad Ashfaq Ahmed and his team to appreciate the remarkable efforts being done to resolve pending cases/issues to streamline operations pertinent to tax refunds, concessionary tariff rates and Faster System.

He lauded FBR team for dealing the matters in an excellent and highly professional manner and the persistence in addressing concerns affecting the industry. Aptma also recognized the endeavors to improve FBR’s systems, Faster and WeBOC, making them efficient and upgrading them for quick processing of refunds.

He said that there are minor issues pending at FBR which were highlighted for their quick resolution including pending RPOs (pre-2019), concessionary tariff rates, tax returns related to post-refund audit of companies, reflection of tax-returns on the FBR’s system, etc.

Copyright Business Recorder, 2021

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