FBR may prohibit drawback in case of foreign territory
In a move that could have significant implications for exporters, the Federal Board of Revenue (FBR) is contemplating the prohibition of drawback against goods exported to specified foreign territories. This potential development stems from Section 64 of the Sales Tax Act, 1990, as updated up to June 30, 2021, which grants the Federal Government the … Continue reading FBR may prohibit drawback in case of foreign territory
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