PAKISTAN HOSIERY MANUFACTURERS & EXPORTERS ASSOCIATION
To: All Members of the Association (Southern Zone)
FBR Clarification: Refund is Processed on the Basis of Entries in Annex-H
We are attaching herewith FBR's Sales Tax Circular No.4 dated 21.10.2019 on the subject for information of our valued members.
In the above referred Circular, FBR clarified that refund is processed on the basis of entries in Annex-H. The entries in Annex-F have no bearing on refund claim except that carry forward of value addition tax is excluded from refund amount.
Accordingly, the claimants are advised not to revise the returns on the ground that entries in Annex-F do not match with those in Annex-H. They should submit Annex-H, if not already submitted so that their claims can be processed.
Thanks & Best Regards,
Muhammad Jawed Bilwani