AGL 38.99 Decreased By ▼ -0.59 (-1.49%)
AIRLINK 130.05 Decreased By ▼ -1.17 (-0.89%)
BOP 7.17 Increased By ▲ 0.36 (5.29%)
CNERGY 4.64 Decreased By ▼ -0.07 (-1.49%)
DCL 8.44 No Change ▼ 0.00 (0%)
DFML 41.14 Decreased By ▼ -0.33 (-0.8%)
DGKC 81.90 Decreased By ▼ -0.19 (-0.23%)
FCCL 32.70 Decreased By ▼ -0.40 (-1.21%)
FFBL 72.59 Decreased By ▼ -0.28 (-0.38%)
FFL 12.34 Increased By ▲ 0.08 (0.65%)
HUBC 109.75 Decreased By ▼ -0.99 (-0.89%)
HUMNL 14.10 Decreased By ▼ -0.41 (-2.83%)
KEL 5.10 Decreased By ▼ -0.09 (-1.73%)
KOSM 7.63 Increased By ▲ 0.02 (0.26%)
MLCF 38.55 Decreased By ▼ -0.35 (-0.9%)
NBP 68.70 Increased By ▲ 4.69 (7.33%)
OGDC 189.30 Decreased By ▼ -3.52 (-1.83%)
PAEL 25.50 Decreased By ▼ -0.18 (-0.7%)
PIBTL 7.44 Increased By ▲ 0.10 (1.36%)
PPL 151.39 Decreased By ▼ -2.68 (-1.74%)
PRL 25.41 Decreased By ▼ -0.42 (-1.63%)
PTC 17.31 Decreased By ▼ -0.50 (-2.81%)
SEARL 81.30 Decreased By ▼ -1.00 (-1.22%)
TELE 7.61 Decreased By ▼ -0.15 (-1.93%)
TOMCL 33.00 Decreased By ▼ -0.46 (-1.37%)
TPLP 8.35 Decreased By ▼ -0.14 (-1.65%)
TREET 17.05 Increased By ▲ 0.43 (2.59%)
TRG 57.80 Increased By ▲ 0.40 (0.7%)
UNITY 28.11 Increased By ▲ 0.60 (2.18%)
WTL 1.35 Decreased By ▼ -0.02 (-1.46%)
BR100 10,565 Increased By 60.2 (0.57%)
BR30 31,050 Decreased By -176.7 (-0.57%)
KSE100 98,674 Increased By 594.1 (0.61%)
KSE30 30,764 Increased By 205.3 (0.67%)

Please refer to the letter on the above subject which appeared on 30.08.04 in your paper. Rizwan Ahmed Khan is quite right on his points.
In today's fast and computer world, the concerned Sales Tax staff takes more than one month to update their few thousand Sales Tax return challlans, which is submitted before the 15th of each month by the exporters.
One side of the department claims to process refund claims very fast and another side holds the exporter's file for more then one month, because the Sales Tax Return Challan is not updated by STAR.
Due to such delay in updating, the concerned auditor refuses to accept the original file for refund purpose.
I request the concerned authority to take such measure, where all challans must be updated within one week's time, and the concerned auditor should be in position to accept the original invoice along with full file by 21st of each month from the exporters.
I hope the authority would consider this matter as very important and save the exporters by a month in claiming their refunds.

Copyright Business Recorder, 2004

Comments

Comments are closed.