ISLAMABAD: Advisor to Prime Minister on Finance and Revenue, Dr. AbdulHafeez Shaikh on Tuesday accepted the demand of textile exporters, allowingthem payment of sales tax refund, for the month of August and July, throughold Expeditious Refund System (ERS) system.
Talking to a delegation of textile exporters here, Hafeez Shaikh said thatinstead of filing claim Form-H for Sales Tax refunds, exporters would befacilitated to claim their refunds through old ERS system.
Among others, Advisor to Prime Minister on Textile and Commerce Industry,Abdul Razak Dawood, Chairman Federal Board of Revenue (FBR), Syed ShabbarZaidi, Head of Textile Task Force, Ahsan Bashir, Finance Secretary, NaveedKamran Baloch and Special Secretary Finance, Umar Hameed Khan were alsopresent in the meeting.
The participants during the meeting, agreed to improve form-H or bringabout a parallel refund system within two weeks to ensure timely payment ofsales tax refunds.
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On the demand of the delegation, Hafeez Shaikh directed FBR to immediatelypay the exporters Rs2 billion payable sales tax refunds for which RefundPayment Orders (RPOs) have already been issued.
He said that the government believed in promoting exports instead ofblocking sales tax refunds, adding that all possible measures would betaken to facilitate exporters and resolve their grievances regarding SalesTax refunds.
