Sales Tax Refunds in Pakistan

Latest Pakistan Political Economic News

Sales tax refunds in Pakistan for the first six months of FY21 stood at Rs. 99 billion payment (last: Rs. 31 billion). These re-payments were made through the FASTER system.

 

Sales tax refunds of Rs. 11 billion were made through the FASTER system in the period July-December FY20, along with Rs. 20 billion through the non FASTER system.

 

As on 1st January, there are pending sales tax refunds of Rs. 187 billion – they’re break up is: Rs. 96 billion claims of tax year 2020 and Rs. 52 billion 2019.

Leave a Reply

Your email address will not be published. Required fields are marked *