KARACHI: Exporters have criticised Federal Board of Revenue’s (FBR) decision to roll back all electronically created refund payment orders belonging to five export-oriented sectors.
In a joint meeting on Monday, the exporters of more than a dozen value-added textile associations expressed concern over the FBR’s move which they said would hurt Pakistan’s already falling exports.
They said refunds worth billions of rupees were held for more than 10 months and the exporters were unable to meet their export commitments as a result.
Published in Dawn, April 11th, 2017
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