Asim Ahmad, Chairman of the Federal Board of Revenue, met with Mr. Sherbaz Bilour, President of the Sarhad Chamber of Commerce and Industry, at the FBR headquarters.
The President of the Sarhad Chamber of Commerce and Industry praised FBR’s efforts to make doing business easier for the business community, particularly with regard to an automated system for depositing refunds directly into taxpayer accounts.
During the discussion, issues such as FBR’s monitoring of notices delivered to industries and restaurants, as well as the expeditious disposition and relief from cases pending before the Legal Forums, were discussed. Fixed raw material evaluations, the issuance of pending refund cases, the review of the Alternate Dispute Resolution Committee mechanism (ADRC), the integration of various business sectors in Tier 1, and the lack of SOPs regarding tax facilitation for women entrepreneurs in the Chamber of Commerce and Industry were also discussed.
Chairman FBR was aided by the FBR team, which included Chief (Customs Operations) and Chief (Customs Enforcement) (IR Operations). The Chairman of the FBR expressed gratitude for the report and promptly issued orders to both Customs and IR officials to study the standard operating procedures and administratively rectify the concerns.
Mr. Asim Ahmad, Chairman FBR, also met with Umar Ashraf Mughal, President Gujranwala Chamber of Commerce and Industry, and his team. The delegation praised Mr. Asim Ahmad’s efforts in transforming the FBR into an automated and taxpayer-friendly environment.
The discussion covered topics such as reconsidering the requirement of placing business invoices and packing lists in containers, mis-declaration by steel importers, and the establishment of a definitive tax regime for the ceramic industry in the next budget.
The delegation was guaranteed by Chairman FBR that the issues of the business community would be addressed first and foremost.
