Sales Tax Refund Ceremony

Addressing the ceremony, Finance Minister Ishaq Dar said under the visionary leadership of the Prime Minister, the country has been put on positive trajectory and efforts will continue to exploit its true potential. He said incentives are being given to the business community to enhance the country’s exports. Ishaq Dar said as per the promise, five major export sectors have been exempted from taxes while the payment of sales tax refunds to exporters has also been started. He said refunds of over 21. 44 billion rupees are being made to the exporters and cheques in this regard will be sent to the companies via courier service. The Finance Minister said in the next round of refunds, the transaction would be made directly into the bank accounts of the exporters with the aim to bring transparency in all matters. Ishaq Dar said that directions have been issues to the FBR to issue the tax directory of the parliamentarians by 31st of this month.

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