KARACHI, July 18: The member exports, Central Board of Revenue, Mumtaz Haider Rizvi, has assured the exporters and industrialists that they will not face any irritants or anomalies in the new amended Duty and Tax Remission on Exports (DTRE) scheme.

“The CBR will rectify any anomaly in the new scheme in case exporters face any problems,” he said while responding to several questions and clarifications sought by businessmen on the amended scheme during a seminar on DTRE organized by the Site Association of Industry on Thursday.

According to a press release, he said the new look of DTRE scheme provided a genuine opportunity to the exporters to opt out from the hassle of seeking refunds from the customs and sales tax departments.

He informed the business community that under the amended rules refund or input adjustment of sales tax paid on electricity and gas had been allowed to the DTRE approved exporters to the extent of proportionate consumption thereof in the production of exported goods.

He said that changes had been made in the DTRE scheme with the assistance and proposals of business community. The CBR after its past experience has come to a conclusion that taxpayers and tax collectors should be on one side of the table, he added.

Mr Mumtaz said that now an exporter could sell his admissible wastage in the local market on payment of sales tax. An exporter can also sell his B-grade products and factory rejects only up to 20 per cent of the exports as per contract under rule 297 on payment of duties and taxes leviable on the finished goods in addition to the surcharge as per rule 298 subject to the provision of the import policy order.

Under amended rules an exporter can transfer his duty and tax-free input goods to another DTRE approved exporter of the same goods. Likewise, an exporter can dispose of unutilized input goods other than banned items in local market on payment of surcharge as per rules.

The DTRE scheme allows an exporter to dispose of the banned and unutilized input goods subject to the approval of the Ministry of Commerce on payment of surcharge as per rules and on the conditions prescribed by the ministry in this regard.

He said the CBR was making untiring efforts to present Pakistan as tax model country in the region and the present DTRE scheme was part of it.