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Federal Board of Revenue issues refunds of Rs. 51.5 billion through faster

Islamabad, April 14, 2020 (PPI-OT): Federal Board of Revenue has released the latest information relating to the issuance of Refunds through FASTER (Fully Automated Sales Tax E-Refund System). As per record, since July 2019, a total of refunds amounting to Rs. 64.5 billion were claimed through FASTR System. Out of it, refund cases of rupees 57 billion were processed. Out of these processed cases, refund payment of rupees 51.5 billion have been made to the exporters and businessmen so far. The remaining unpaid refund cases have been withheld due to incomplete date provision by the exporters and businessmen.

 

For more information, contact:

Principal Information Officer,

Press Information Department (PID)

Tel: +92-51-9252323, +92-51-9252324

Fax: +92-51-9252325, +92-51-9252326

Email: piopid@gmail.com

Website: www.pid.gov.pk