LAHORE: To facilitate the taxpayer FBR’s Regional Tax Offices (RTOs) at Lahore has expedited the pending refund claims and maximized issuance of Sales Tax Refunds for reducing the liquidity problems of tax payers.
According to a press statement, refund processing units have been increased and additional manpower has been deployed to process refunds, especially in the textile sector.
The RTOs have processed 4,080 Sales Tax refund claims amounting to Rs 1.93 billion during the first five months of the current financial year. In the corresponding period last year, the Collectorate of Sales Tax and Federal Excise, Lahore had processed 2,197 claims involving amount of Rs 1.12 billion.
