KARACHI – The Federal Board of Revenue (FBR) has taken yet anotherinitiative for sales tax repayments.
FBR on Monday has initiated online payments of sales tax refunds toexporters.
The FBR has released Rs 8.70 billion to pay back the refundable amount to700 exporters who had made claims.
The refundable amount will be transferred to the bank accounts of theexporters, FBR added.
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The economists have expressed that issuance of funds to exporters will helpthem to avoid mega loans from banks.
