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Rs50 billion refunds: FBR asked to release exporters’ rebates

byCustoms Today Report
19/01/2015
in Business
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KARACHI: Pakistan Apparel Forum Chairman Muhammad Javed Bilwani has urged the government to direct FBR for releasing refunds of exporters.

He said almost Rs50 billion of exporters are stuck up in the government sales tax refund claims, customs rebate claims and DLTL claims causing great suffering to already beleaguered and hampered exporters.

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Bilwani said that it has been the practice of FBR to put 25 percent amount of sales tax refund claims of the exporters deferred and they are so used to such wrong practice that even the amount of sales tax paid on utility bills are being deferred which is not at all understood and really surprising.

He said that in the last two decades, there was never such hardship caused to the Value Added Textile Exporters, adding that he was surprised at the strange attitude and cold shouldering of FBR because the higher ups do not even want to meet the major and important stakeholders to listen to their genuine problems, who are the highest taxpayers.

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