The phenomenon of fake and flying sales tax invoices has re-emerged on a massive scale across the country, forcing the Federal Board of Revenue (FBR) to
The Federal Board of Revenue (FBR) on Wednesday conceded that its signature Fully Automated Sales Tax e-Refund System (FASTER) was inherently problematic. APP/File
ISLAMABAD: After years of the government having projected automated tax refunds as success story, the Federal Board of Revenue (FBR) on Wednesday conceded that its signature Fully Automated Sales Tax e-Refund System (FASTER) was inherently problematic.
The admission of fault has come about even though the exporters, particularly the textile exporters, had been agitating almost at every level of the government and parliamentary committees that 25-30 per cent of their refund claims remained unattended and thus unpaid.