Home »Business and Economy » Pakistan » FPCCI asks Umar to ensure payment of all refund claims
President of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) Engr Daroo Khan Achakzai has urged the Finance Minister Asad Umar to ensure the release of exports sector's overall outstanding refund claims, including deferred claims, customs duty drawback, DLTL, etc, which have been pending for long.

He recalled that during the Finance Minister's visit to FPCCI head office Karachi on January 12 prior to Finance Supplementary (2nd Amendment) Bill and the post-bill visit to FPCCI regional office in Lahore, he had stressed the need for an early clearance of backlog of refund claims and automatic payment within the stipulated time limit because inordinate delay had made the exporters to suffer from liquidity crunch in meeting future export orders well in time. Achakzai lamented that there is a very slow progress in processing of the pending Sales Tax refunds and issuance of RPOs.

Copyright Business Recorder, 2019


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