All textile exporters have been called to a moot at FBR headquarters on March 1, 2023, to discuss and settle the concerns surrounding sales tax and income tax refunds.
In a tweet, the FBR said it is committed to resolving the problems of exporters to enable them to enhance the country’s exports. The Board has invited all textile exporters to resolve the refund issues to relieve the cash flow burden, FBR added.
FBR further emphasised that it has not stopped short of addressing the liquidity issues faced by exporters and has issued refunds totaling Rs. 208 billion during the first seven months of the current financial year, up from Rs. 183 billion during the same period last year, or 14% more than refunds issued during the prior year.
