Textile exporters perturbed over excessive delays in sales tax refunds: Jawed Bilwani

ISLAMABAD: Textile Exporters are highly perturbed over excessive and unjustified delays in GST refunds against approved Electronic Refund Payment Orders (ERPOs) claims in violation of Rule 39F of the Sales Tax Rule 2006 causing liquidity problems.
All the requests and reminders to FBR to urgently release refunds are gone deaf on the ears of officials. FBR Member IR Operations Malik Amjad Zubair Tiwana in a meeting at Islamabad held yesterday has stated that the Government cannot release Sales Tax Refunds payments against ERPOs to Textile exporters till the end of December 2022.
In view of this ill experience and uncalled-for response from FBR, the Value-Added Textile Exporters are worried and upset as to how the Government will keep its commitment for timely refunds which have been accumulated to billions of rupees stuck up with the Government.
The Value-Added Textile Sector strongly opposed the discontinuation “Five Zero Rated Sectors – GST No-Payment No-Refund Scheme” previously regulated under SRO-1125″ and agreed only on the strict condition that GST Refunds shall be released swiftly under FASTER system whereby the ERPOs shall be approved within 24 hours of filing and sales tax refunds shall be release within 72 hours strictly in accordance with the Rule 39F of the Sales Tax Rules 2006. – NNI