LAHORE: Federal Board of Revenue, Member Operations Dr. Muhammad Irshad has assured the textile exporters of Faisalabad of expeditious payments of all outstanding refund claims removing the bottlenecks. He said the FBR will strive hard to facilitate the exporters being major stakeholders in precious forex earning.
Addressing the textile exporters at the Pakistan Textile Exporters Association, Member Operations said that the textile exporters are playing a key role in strengthening the economy and textile sector is the main stay of national economy.
The FBR is fully committed to resovle the financial issues of exporters as it has become a major challenge that is not only adversely hurting the industrial activities but is also affecting the new investment.
He directed the regional authorities for speedy disposal of all deferred claims and expeditious processing of refund claims of under section 66.
He told that regional tax authorities have already been directed to immediately constitute advisory councils comprising of representative of exporters/business Associations and tax officials to look into the matters which are irritating exporters and business community . The necessary notification in this regard will be issued within a week.
On the issue of notices sent by the Punjab Revenue Authority, he informed that a meeting of all provincial revenue authorities with FBR has been fixed on 17th of this month and the matter will be resolved amicably.
