AIRLINK 140.75 Decreased By ▼ -12.57 (-8.2%)
BOP 9.18 Decreased By ▼ -0.61 (-6.23%)
CNERGY 6.58 Decreased By ▼ -0.51 (-7.19%)
CPHL 74.55 Decreased By ▼ -7.16 (-8.76%)
FCCL 42.85 Decreased By ▼ -1.19 (-2.7%)
FFL 13.54 Decreased By ▼ -1.09 (-7.45%)
FLYNG 34.87 Decreased By ▼ -1.80 (-4.91%)
HUBC 127.28 Decreased By ▼ -6.19 (-4.64%)
HUMNL 12.10 Decreased By ▼ -0.75 (-5.84%)
KEL 4.22 Decreased By ▼ -0.16 (-3.65%)
KOSM 4.87 Decreased By ▼ -0.55 (-10.15%)
MLCF 67.09 Decreased By ▼ -3.11 (-4.43%)
OGDC 196.63 Decreased By ▼ -6.30 (-3.1%)
PACE 4.57 Decreased By ▼ -0.52 (-10.22%)
PAEL 40.61 Decreased By ▼ -2.49 (-5.78%)
PIAHCLA 15.09 Decreased By ▼ -1.38 (-8.38%)
PIBTL 7.89 Decreased By ▼ -0.93 (-10.54%)
POWER 13.91 Decreased By ▼ -0.49 (-3.4%)
PPL 145.28 Decreased By ▼ -6.52 (-4.3%)
PRL 26.95 Decreased By ▼ -2.57 (-8.71%)
PTC 19.35 Decreased By ▼ -1.04 (-5.1%)
SEARL 74.05 Decreased By ▼ -7.46 (-9.15%)
SSGC 32.47 Decreased By ▼ -3.61 (-10.01%)
SYM 13.52 Decreased By ▼ -1.06 (-7.27%)
TELE 6.39 Decreased By ▼ -0.62 (-8.84%)
TPLP 7.65 Decreased By ▼ -0.67 (-8.05%)
TRG 58.99 Decreased By ▼ -5.09 (-7.94%)
WAVESAPP 8.71 Decreased By ▼ -0.93 (-9.65%)
WTL 1.22 Decreased By ▼ -0.11 (-8.27%)
YOUW 3.35 Decreased By ▼ -0.30 (-8.22%)
AIRLINK 140.75 Decreased By ▼ -12.57 (-8.2%)
BOP 9.18 Decreased By ▼ -0.61 (-6.23%)
CNERGY 6.58 Decreased By ▼ -0.51 (-7.19%)
CPHL 74.55 Decreased By ▼ -7.16 (-8.76%)
FCCL 42.85 Decreased By ▼ -1.19 (-2.7%)
FFL 13.54 Decreased By ▼ -1.09 (-7.45%)
FLYNG 34.87 Decreased By ▼ -1.80 (-4.91%)
HUBC 127.28 Decreased By ▼ -6.19 (-4.64%)
HUMNL 12.10 Decreased By ▼ -0.75 (-5.84%)
KEL 4.22 Decreased By ▼ -0.16 (-3.65%)
KOSM 4.87 Decreased By ▼ -0.55 (-10.15%)
MLCF 67.09 Decreased By ▼ -3.11 (-4.43%)
OGDC 196.63 Decreased By ▼ -6.30 (-3.1%)
PACE 4.57 Decreased By ▼ -0.52 (-10.22%)
PAEL 40.61 Decreased By ▼ -2.49 (-5.78%)
PIAHCLA 15.09 Decreased By ▼ -1.38 (-8.38%)
PIBTL 7.89 Decreased By ▼ -0.93 (-10.54%)
POWER 13.91 Decreased By ▼ -0.49 (-3.4%)
PPL 145.28 Decreased By ▼ -6.52 (-4.3%)
PRL 26.95 Decreased By ▼ -2.57 (-8.71%)
PTC 19.35 Decreased By ▼ -1.04 (-5.1%)
SEARL 74.05 Decreased By ▼ -7.46 (-9.15%)
SSGC 32.47 Decreased By ▼ -3.61 (-10.01%)
SYM 13.52 Decreased By ▼ -1.06 (-7.27%)
TELE 6.39 Decreased By ▼ -0.62 (-8.84%)
TPLP 7.65 Decreased By ▼ -0.67 (-8.05%)
TRG 58.99 Decreased By ▼ -5.09 (-7.94%)
WAVESAPP 8.71 Decreased By ▼ -0.93 (-9.65%)
WTL 1.22 Decreased By ▼ -0.11 (-8.27%)
YOUW 3.35 Decreased By ▼ -0.30 (-8.22%)
BR100 11,680 Decreased By -430.7 (-3.56%)
BR30 33,571 Decreased By -1768.2 (-5%)
KSE100 110,009 Decreased By -3559.5 (-3.13%)
KSE30 33,609 Decreased By -1071.3 (-3.09%)

ISLAMABAD: The Federal Board of Revenue (FBR) Thursday directed field formations to dispose of deferred sales tax refunds communicated by the automated system till date, by June 1, 2024.

In this connection the FBR issued instructions to the Chief Commissioners Inland Revenue of field formations on the disposal of deferred sales tax refund claims.

According to the FBR’s instructions, in order to liquidate the pendency of deferred sales tax refund claims and to avoid further piling up of these claims, it has been decided that the field formations shall:

Fraudulent sales tax refunds: FTO urges FBR to take on corrupt officials

i); Dispose of deferred pending sales tax refund already communicated by the automated system till date, by June 1, 2024.

ii); Dispose of deferred pending sales tax refund claims arising henceforth within one month of the communication of the deferment of the claims by the automated system.

iii); The Chief Commissioners-IR concerned are requested to personally monitor the processing and disposal of deferred pending sales tax refund claims and ensure that the above instructions of the Board are strictly compiled with, FBR’s directive added.

Copyright Business Recorder, 2024

Comments

Comments are closed.

T Mar 08, 2024 07:39am
creating solutions for the problem or creating problems for a solution? FBR stuck in the loop.
thumb_up Recommended (0)