Dar promises to settle sales tax refunds of APTMA on priority basis

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Finance Minister Senator Ishaq Dar on Saturday assured a delegation of All Pakistan Textile Mills Association that their concerns regarding refund of sales tax would be addressed on priority, saying the government had already asked for filing of refund claims by Aug 31st so that the payments are made on priority.

The APTMA delegation sought the FM’s attention to levy of surcharge on electricity bills, settlement of sales tax refunds, removal of anomaly in taxes as well as restraining import of yarn. Dar constituted a committee comprising representatives of APTMA and government officials, headed by Haroon Akhtar to further deliberate on these issues.

The APTMA delegation vowed that given the right kind of incentives, textile industry would be able to play its due role in enhancing country’s foreign exchange earnings. The delegation thanked the Finance Minister for taking out time from his busy schedule for this important meeting. Members of the delegation expressed complete agreement with the Minister that promoting tax culture in the country was the key to economic prosperity. They assured him of full support on all matters aimed at economic betterment of the country and said any attempt at disrupting the process of economic development would be discouraged.