Through e-mail

PAKISTAN HOSIERY MANUFACTURERS & EXPORTERS ASSOCIATION
PHMA House, 37-H, Block-6, P.E.C.H.S, Karachi. Tel: 0092-21-34522769, 34522685, 34544765
Fax: 0092-21-34543774, E-mail: 
info@phmaonline.com   

 

To: All Members of the Association (Southern Zone)

 

Ref. No. PHMA/Cir-008/2024
Dated:01st March 2024 

Delays in Payments of Sales Tax Refund processing through the FASTER System

It has come to our attention that payments for sales tax returns are consistently delayed beyond the RPO issue date. The refund claim under the “FASTER” module is required to be processed within 72 hours of submission of a claim, for onward advice to the respective bank for credit into the notified account of the claimant under the Sales Tax Rules 2006.

 

To address this delay against the rules and to facilitate member exports for prompt release of payments, the Association urgently requires data since July 2019 in a specific format to escalate the matter to the Federal Tax Ombudsman.

 

Please find attached the required format for compiling this essential information. Kindly send the required information to the email address tsc@phmaonline.com

Your prompt cooperation in providing this data is crucial in resolving these delays and ensuring compliance with legal obligations.

 

 

Best Regards,

ABDUL JABBAR GAJIANI                   SHABBIR BILWANI                 MAHMOOD NARA           MUHAMMAD JAWED BILWANI

Zonal  Chairman                                  Zonal Sr. Vice Chairman            Zonal Vice Chairman        Patron In-Chief

 
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