KARACHI: Large Taxpayers Unit (LTU) Chief Commissioner Muhammad Irshad, during his visit to All Pakistan Textile Mills Association (Aptma), has said that all the pending refund claims of about Rs3 billion filed during the last eight months would be disposed of by the end of this month.
He requested the Aptma members and exporters to provide supportive documents so that their claims might be sanctioned/disposed off accordingly.
Irshad said that show-cause notices have been issued against deferred amounts and asked the claimants to provide supportive documents to get their refund claims cleared.
The LTU has extended the last date for clearing the refund claims to March 31, 2015 on the demand of Aptma, he added.
Issues related to withholding of sales tax from exporters; refund claims deferred on account of non-verified supply chain invoices and pending sales tax; income tax and tax paid on services were also discussed.
Earlier, Aptma Sr Vice Chairman Amanullah Kassim in his welcome speech appreciated the efforts of Dr Muhammad Irshad, Chief Commissioner, Inland Revenue, LTU to resolve the long pending sales tax refund claims of textile sector. He also highlighted some operational and policy matters which are creating hardship for genuine exporters/refund claimants.
