Home / Knowledge / News / Sales Tax Dept assures to settle all claims of PLGMEA
Sales Tax Dept assures to settle all claims of PLGMEA
18
Nov '08
A Delegation of Pakistan Leather Garment Manufacturers & Exporters Association (PLGMEA) met Mr. Khalid Mahmood, Collector Sales Tax (Enforcement), Karachi to discuss Pending Sales Tax Claims of PLGMEA Members. PLGMEA Delegation was led by Mr. Fawad Ijaz Khan, Chairman PLGMEA. Additional Collector Syed Shahenshah Hasnain and Deputy Collector Mr. Asshad Jawwad also attended the meeting.

Mr. Fawad apprised the Collector that Exporters were facing problems in getting refund of Sales Tax since June 2008. All refunds are blocked since June 2008 and exporters were not getting any refund. Mr. Khalid assured PLGMEA Chief that the Collectorate will expedite the release of pending Sales Tax Refund claims and clear all pending claims within one month. Old pending claims with objections of Non-Filer, Scrutiny and Summary-not-submitted claims should be referred to Collectorate after necessary verification from the Regional Tax Office (RTO) Karachi.

Mr. Fawad informed the Collector that many exporters had their Sales Tax Refunds blocked due to black-listing of some of their suppliers. Mr. Fawad elaborated that many genuine Exporters faced this problem even when the supplier defaulted after their Invoice date. He informed Mr. Khalid that exporters are normally dealing with hundreds of suppliers and practically cannot verify each and every Invoice of their suppliers. He requested the Collector to recommend to FBR to reconsider this issue of Black-listed suppliers to bail out genuine exporters. Mr. Khalid agreed to discuss this matter with top FBR officials for final settlement of this long outstanding issue.

Mr. Fawad Inquired about the procedure for late submission of Refund Claims after 60 days allowed after filing of Sales Tax return. The Deputy Collector clarified that exporters can request 30 days extension from the Collectorate. The Collectorate can condone delays upto 30 days after allowed time of 60 days.

Mr. Fawad discussed zero-rating of Leather Garment exporters for Electricity & Gas purposes. Some exporters have been zero-rated for Electricity consumption while several others have not been given this exemption. FBR has not yet notified exporters from exemption of Sales Tax on Natural Gas consumption. Collector asked PLGMEA to submit the list of such qualifying exporters who have not been granted exemption and they will get them exempted.

Mr. Fawad also inquired about the status of stock purchased prior to zero-rating in 2005 and consumed till December 2005. The Collector informed PLGMEA Chairman that refund is being given on such consumed stock.

In the end PLGMEA Chief Mr. Fawad Ijaz thanked the Collector Mr. Khalid Mahmood for taking the time out of busy schedule to listen to the problems of Leather Garment Exporters and suggesting solutions.

PLGMEA

Must ReadView All

Textiles | On 29th Apr 2017

Textile sector may have uniform GST rate: Irani

The textile sector could have a uniform Goods and Services Tax (GST)...

Textiles | On 29th Apr 2017

EU rules needed to curb textile worker exploitation: MEPs

European Union (EU) rules are needed to oblige textile and clothing...

Apparel/Garments | On 29th Apr 2017

US retail operating growth to be 1.5-2.5% in 2017: Moody's

The forecast for operating income growth in the US over the next 12...

Interviews View All

Karan Toshniwal
Orange O Tec

Contemporary industry is paying more and more attention to the...

Anshul Sood
Oceedee

‘Indian footwear market is nascent and largely a trend follower’

Janak Dhamanwala & Sunil Dhamanwala
Jansun

Moving towards sustainability is also a social change

Kevin Nelson
TissueGen

Kevin Nelson, Chief Scientific Officer, TissueGen discusses the growing...

Suresh Patel
Sidwin Fabric

Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...

Silke Brand-Kirsch
Schlegel und Partner

Silke Brand-Kirsch, executive partner of Schlegel und Partner, a leading...

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

Sonam & Paras Modi
SVA

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

Robert Brunner
Devereux

Golfwear and menswear brand Devereux is set for greener pastures. Robert...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

news category


Related Categories:
April 2017

April 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search



X