- KCCI proposes adjusting sales tax refunds against sales tax liabilities to address delays
- Delays in refunds affecting large-scale manufacturing units
- Backlog of unpaid refunds causing financial strain on businesses and FBR
- Recommendations include designated officer for refunds, adjustment against liabilities, expedited mechanism for export-oriented units, and technology utilization for transparency
- Implementing recommendations could alleviate financial strain on businesses and improve economic environment
Source: pkrevenue.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
