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

Pakistan govt notifies 50% duty drawback on exports

Textiles | On 21st Oct 2017

Pakistan govt notifies 50% duty drawback on exports

The Pakistan government has notified the ‘Duty Drawback of Taxes...

Ghana sets up task force to clamp down on textile piracy

Textiles | On 21st Oct 2017

Ghana sets up task force to clamp down on textile piracy

Ghana’s ministry of trade and industry has set up a taskforce to...

Courtesy: Coach

Fashion | On 21st Oct 2017

US company Coach to change name to Tapestry from Oct 31

Coach Inc., a New York-based house of modern luxury accessories and...

Interviews View All

Pratik Bachkaniwala
Palod Himson Machines

Fabric processing machines are picking up

Asim Dalal
Indo Count Retail Ventures

Today, there is no other emerging market as India, "we make in India and...

Krishnanand Tripathi
Textrade International Ltd

We believe in vocational education for entry-level employees, offering...

Abhishek Pachauri

Reckon Industries adapts latest systems for manufacturing from designing...

Vikas Banduke

Softech Controls Private Limited (SCPL) is a part of the Cotmac Group, an...

Nitesh Mittal

Kusumgar Corporates is a leading manufacturer of technical textiles and...

Kevin Nelson
TissueGen

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

Eric Scholler
Groz-Beckert

The Indian market has huge potential in technical textiles, and by far,...

Eamonn Tighe
Nature Works LLC

Eamonn Tighe, Fibres and Nonwovens - Business Development Manager of...

Akta Adani
India Boulevard

India Boulevard is a San Francisco-based curated fashion marketplace that...

Sanjukta Dutta
Sanjukta's Studio

<b>Sanjukta Dutta</b> creates unique garments by clubbing prints of...

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

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

October 2017

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

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Active Poll

Do you see sustainability as a route to business growth?

Yes
76.8%
No
13.0%
Skip
10.1%

Total Votes: 69

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
62.3%
No
27.5%
Skip
10.1%

Total Votes: 69

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes
85.5%
No
10.1%
Skip
4.3%

Total Votes: 69

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes
75.4%
No
11.6%
Skip
13.0%

Total Votes: 69


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