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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