national

November 11, 2018

FBR to clear Rs8.741 bn claims from stuck up sales tax refunds

ISLAMABAD: Out of total outstanding claims of Rs147 billion in shape of stuck up sales tax refunds, the FBR on Saturday announced to clear backlog amount of Rs8.741 billion in a bid to facilitate exporters.The exporters are facing liquidity crunch and demanding of the government to clear the outstanding backlog. The refund payment orders took long and cumbersome process for which the exporters alleged that they had to pay bribe to get their genuine money in shape of refunds. On other side,...