Monday , June 1 2020

FBR advises central bank to pay sales tax refunds to exporters

ISLAMABAD: The Federal Board of Revenue (FBR) has issued an advice to the State Bank of Pakistan for making payment of sales tax refunds amounting to 8,741 million rupees to facilitate the exports.

According to the FBR, the payment will benefit 739 claimants from five export-oriented zero-rated sectors which included textiles, carpets, leather, sports goods and surgical instruments.

The refund has been paid against 4,117 payment orders issued up to November 8.

It said those refund claimants who have not provided account number in IBAN format are requested to provide the same through their user ID on FBR’s web portal.

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