FBR to devise ‘transparent central system’ for issuance of refunds

In compliance of decision taken by the federal government to address the grievance of the business community, the Federal Board of Revenue (FBR) is in the process of devising a ‘transparent centralized system’ for issuance of income tax, sales tax and duty drawback refunds to the taxpayers in an expeditious manner.

“This process is being undertaken to facilitate the taxpayers across the country,” said a statement issued by the board on Tuesday.

FBR further explained that the process cannot be made effective unless all the stakeholders extend their full commitment. The revenue board stated that any complaint regarding income tax and sales tax may be reported immediately to Member IR Operations.

Must Read