Federal Board of Revenue (FBR) on Tuesday authorized collector of customs to sanction unlimited amount of refund.
The FBR issued SRO 342(I)/2023 dated March 13, 2023 to empower customs officials for sanctioning amount of customs duty and other taxes.
According to the SRO, the FBR has notified powers of the officers of Customs to sanction refund claims in terms of amount of Customs duty and other taxes involved in their area of jurisdiction.
The FBR said that Collector has been given no limit to sanction the refund claims.
Additional director has been granted power to sanction refund claim not exceeding Rs2.5 million.
Deputy Collector has been granted power to sanction refund claim not exceeding Rs1 million.
Similarly, Assistant Collector has been granted power to sanction refund claim not exceeding Rs0.2 million.
