{"id":62649,"date":"2020-03-13T13:36:57","date_gmt":"2020-03-13T08:36:57","guid":{"rendered":"https:\/\/www.zameen.com\/news\/?p=62649"},"modified":"2020-03-13T13:36:58","modified_gmt":"2020-03-13T08:36:58","slug":"fbr-given-two-days-refund-sales-tax-claims-exporters","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/fbr-given-two-days-refund-sales-tax-claims-exporters.html","title":{"rendered":"FBR given two days to refund sales tax claims of exporters"},"content":{"rendered":"\n<p>Islamabad: Adviser to the Prime Minister on Finance and Revenue Dr Hafeez Shaikh has issued instructions for the Federal Board of Revenue (FBR) to disburse PKR 15 billion as <a href=\"https:\/\/www.zameen.com\/news\/fbr-to-hold-meetings-for-resolution-of-refund-issues-with-exporters.html\" target=\"_blank\" rel=\"noreferrer noopener\" aria-label=\"refund sales tax (opens in a new tab)\">refund sales tax<\/a> claims to exporters within the next two days, according to news sources.<\/p>\n\n\n\n<p><strong>Read:<\/strong> <a href=\"https:\/\/www.zameen.com\/news\/fbr-refunds-pkr-30-bn-exporters.html\" target=\"_blank\" rel=\"noreferrer noopener\" aria-label=\"FBR refunds PKR 30 bn to exporters (opens in a new tab)\">FBR refunds PKR 30 bn to exporters<\/a><\/p>\n\n\n\n<p>As\nper the publication, FBR Spokesman Dr Hamid Ateeq revealed that the\naforementioned directives were issued after exporters met with the Prime\nMinister (PM) Imran Khan and other top officials. They explained their\nliquidity issues created by stuck refunds to the meeting.<\/p>\n\n\n\n<p>This issue was also raised on Thursday in the meeting of National Assembly\u2019s Standing Committee on Finance and Revenue, held under chairmanship of Member National Assembly (MNA) Faiz Ullah. The meeting ordered FBR to expedite the disbursement of refund claims of traders and exporters.<\/p>\n\n\n\n<p> <strong>Read:<\/strong> <a href=\"https:\/\/www.zameen.com\/news\/faster-clears-up-75-refund-claims-fbr.html\" target=\"_blank\" rel=\"noreferrer noopener\" aria-label=\"FASTER clears up to 75% of refund claims: FBR (opens in a new tab)\">FASTER clears up to 75% of refund claims: FBR<\/a><\/p>\n\n\n\n<p>FBR Inland Revenue (IR) Operations\nMember Seema Shakeel said that a committee has been constituted that includes exporters\nand senior FBR officers. The committee is tasked with the resolution of the\ntechnical issues surfacing in the submission of exporters\u2019 claims in form \u2018Annex-H\u2019 via FBR\u2019s Fully\nAutomated Sales Tax E-Refund (FASTER) system. <\/p>\n\n\n\n<p>She later admitted that some\ncases of refunds were pending because requirements weren\u2019t properly met.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Islamabad: Adviser to the Prime Minister on Finance and Revenue Dr Hafeez Shaikh has issued instructions for the Federal Board of Revenue (FBR) to disburse PKR 15 billion as refund sales tax claims to exporters within the next two days, according to news sources. Read: FBR refunds PKR 30 bn to exporters As per the publication, FBR Spokesman Dr Hamid Ateeq revealed that the aforementioned directives were issued after exporters met with the Prime Minister (PM) Imran Khan and other top officials. They explained their liquidity issues created by stuck refunds to the meeting. This issue was also raised on Thursday in the meeting of National Assembly\u2019s Standing Committee on Finance and Revenue, held under chairmanship of Member National Assembly (MNA) Faiz Ullah. The meeting ordered FBR to expedite the disbursement of refund claims of traders and exporters. Read: FASTER clears up to 75% of refund claims: FBR FBR Inland Revenue (IR) Operations Member Seema Shakeel said that a committee has been constituted that includes exporters and senior FBR officers. The committee is tasked with the resolution of the technical issues surfacing in the submission of exporters\u2019 claims in form \u2018Annex-H\u2019 via FBR\u2019s Fully Automated Sales Tax E-Refund (FASTER) system.&hellip;<\/p>\n","protected":false},"author":75,"featured_media":61403,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[15015],"tags":[22770,14862,22769,22767,18032,22768],"persona":[],"class_list":{"0":"post-62649","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-legal-taxation","8":"tag-exporters","9":"tag-exporters-request-govt-to-release-sales-tax-refunds","10":"tag-faster","11":"tag-fbr-given-two-days-to-refund-sales-tax-claims-of-exporters","12":"tag-fbr-sales-tax","13":"tag-sales-tax-refund-claims","14":"cat-15015-id"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>FBR given two days to refund sales tax claims of exporters - Zameen News<\/title>\n<meta name=\"description\" content=\"Adviser to PM on Finance, Revenue Dr Hafeez Shaikh has issued instructions for the FBR to disburse PKR 15 billion as refund sales tax claims to exporters\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.zameen.com\/news\/fbr-given-two-days-refund-sales-tax-claims-exporters.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"FBR given two days to refund sales tax claims of exporters - Zameen News\" \/>\n<meta property=\"og:description\" content=\"Adviser to PM on Finance, Revenue Dr Hafeez Shaikh has issued instructions for the FBR to disburse PKR 15 billion as refund sales tax claims to exporters\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/fbr-given-two-days-refund-sales-tax-claims-exporters.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News &amp; 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