ISLAMABAD: Pakistan Pharmaceutical Manufacturers Association (PPMA) on Thursday raised the issue of sales tax refunds at a meeting with Finance Minister Shaukat Tarin.
A delegation of PPMA headed by its chairman Qazi M. Mansoor Dilawar met the finance minister at Finance Division.
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Chairman PPMA shared about the problems being faced by the Pharmaceutical manufacturers particularly the concerns pertaining to refund of sales tax.
These unresolved matters result in unnecessary delays and thus impact overall working efficiency of PPMA.
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Furthermore, they requested for the resolution of the mentioned issues. Federal Minister on Finance and Revenue Shaukat Tarin commended the contribution of pharmaceutical manufacturers.
It was accredited that this sector has substantial role in the economic development of the country.
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He assured that all such reservations of PPMA will be resolved at earliest time possible.
The Finance Minister further directed FBR to carry out all possible measures for settlement of the issues of pharmaceutical industry.
The PPMA delegation thanked the Finance Minister for ensuring the full support for resolution of their issues.