MULTAN: The refund claims amounting to Rs 471 million are still pending in the Regional Tax Office Multan for the fiscal year 2014-15, sources said.
According to details, Federal Board of Revenue Regional Tax Office Multan still not cleared refunds claim of the taxpayers so far after the completion of fiscal year 2014-15. The Regional Tax Office Multan had issued the refund amount of almost Rs 825 million during the fiscal year 2013-14. Refund claims of the industrial and individual were released early in the fiscal year 2013-14.
According to Regional Tax Office Multan, the refund claims will be released early as there is no pending claim from the Regional Tax Office and it is an automated tax system and it will be released soon.
Commissioner Regional Tax Office Multan Hafiz Jamil Owaisi has also pending refund claims of Rs 40,000 in his office due to digital system and no one can influence on the tax system due to its automated system.
The textile exporters and cotton ginners have demanded the Federal Board of Revenue release their tax refunds, but several refund claims are still pending with the Regional Tax Office Multan.
Taxpayers have also objection that Regional Tax Office Multan has not cleared their refund claims in order to show their higher collection for the tax year 2014-15.
