Staff Reporter Islamabad
The Federal board of Revenue (FBR) on Tuesday agreed to pay Rs. 8,928 million duty drawback claims of exporters during January to April 2021.
Following the vision of Prime Minister Imran Khan, FBR s Pakistan Customs wing has resolved the long-standing stipulation of exporters by paying Rs. 8,928 million duty drawback claims during January to April 2021, Spokesman of FBR said this on his official twitter account.
A total of Rs.12, 367 million under the fully automated rebate system has been sanctioned to exporters.
This will go a long way in addressing the liquidity issue of the local industry and shall result in boosting export led economy.
Pakistan Customs takes pride in announcing that the fully automated rebate system is in addition to Drawback of Local Taxes and Levies (DLTL) payments by the Ministry of Commerce.
