Refunds To Exporting Industry Commitment Commendable: PIAF

May 21, 2018 Off By Web Desk

Pakistan Industrial and Traders Associations Front has appreciated the government’s commitment to disburse outstanding refunds of exporting industry.

Chairman of the PIAF Irfan Iqbal Sheikh, Senior Vice Chairman Tanveer Ahmed Sufi and Vice Chairman Khawaja Shahzeb Akram said in a media statement that the Finance Minister has assured business leaders to disburse 100 billion rupees under sales tax refund claims till completion of the incumbent government’s five-year term.

They hailed the government for fulfilling its commitment regarding payment of stuck refunds of exporters.

The PIAF office-bearers said that the PIAF has been urging the quarters concerned for the last two years to re-introduce zero-rating for the export sector, as the industry is facing serious liquidity crunch

Source: Radio Pakistan