KARACHI: Member Inland Revenue (Operations) Dr Muhammad Irshad Khan has said that the Federal Board of Revenue (FBR) will pay pending sales tax refunds by August 31, 2016 after complete examination of claims.
The member said this after inaugurating the Officers Mess at Regional Tax Office (RTO) – III Karachi. He said that on the instruction of Finance Minister Mohammad Ishaq Dar, the FBR was ensuring to pay the genuine refunds.
The finance minister in his budget speech announced that all the pending sales tax refunds till April 30, 2016 whose Refund Payment Orders (RPOs) had been approved, would be paid by August 31, 2016.