Times of Islamabad

FBR to make sales tax refund worth Rs 8.7 billion

FBR to make sales tax refund worth Rs 8.7 billion

ISLAMABAD – Federal Board of Revenue has issued an advice to the State Bankfor making payment of sales tax refunds amounting to 8,741 million rupeesto facilitate the exports.

According to FBR, the payment will benefit 739 claimants from fiveexport-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 8th ofthis month.

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