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President, Karachi Chamber of Commerce and Industry (KCCI), Shamim Ahmed Shamsi has suggested that all manufacturers -cum-exporters be issued certificate by the Sales Tax Collectorate for exemption from sales tax on raw materials at import stage.
This will help clearance of refund backlog and pending issues and will enable both taxpayers and FBR to focus on their major functions. Build trust and enhance exports. Refunds will help in promoting business activities and in turn will generate revenue. He noted that a very large number of cases are pending for refund due to delays in sanction and payment of refund claims, filed under section 66.

Copyright Business Recorder, 2008

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