PR No. 92
FBR ISSUES REFUNDS OF RS. 51.5 BILLION THROUGH FASTER
Islamabad: April 14, 2020

Federal Board of Revenue has released the latest information relating to the issuance of Refunds through FASTER (Fully Automated Sales Tax E-Refund System). As per record, since July 2019, a total of refunds amounting to Rs. 64.5 billion were claimed through FASTR System. Out of it, refund cases of rupees 57 billion were processed. Out of these processed cases, refund payment of rupees 51.5 billion have been made to the exporters and businessmen so far. The remaining unpaid refund cases have been withheld due to incomplete date provision by the exporters and businessmen.
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