Exporters fume after receiving FBR notices for super tax

Pakistan Hosiery Manufacturers and Exporters Association (PHMA) has expressed serious concerns over Federal Board of Revenue (FBR) for issuing super tax notices, reported 24NewsHD TV channel on Wednesday.

PHMA Senior Vice Chairman Hazir Khan in a statement said that instead to clearing their pending sales tax (ST) and Duty Drawback of Local Taxes and Levies (DLTL) claims, the FBR started sending them fresh notices of super tax.

He said that that in the notices the FBR asked them to pay super tax after a period of every three months.

He said that exporters are already facing severe financial crisis and they are still unable to understand to compete with other countries or respond to FBR notices.

He said that FBR failed to clear our pending sales tax and DLTL dues worth Rs400 billion.

He further advised the incumbent government to adopt business-friendly policies and avoid imposing new taxes on exporters.

He said this move of FBR will bring more unemployment in the industry which is already facing severe financial crisis.

He urged the FBR to clear all pending dues of exporters on priority basis and provide financial relief to exporters which will help them to compete with other countries.

He further said that in some other countries illegal steps being ignored in case if someone is providing an employment to any other individual but in Pakistan unemployment is being created through by imposing more taxes.

He demanded FBR to take back these notices immediately otherwise numbers of taxpayers will decrease instead of expansion in tax net.

Reporter: Mohammad Bilal Dogar