The Federal Minister for Finance Senator Mohammad Ishaq Dar chaired a meeting here with the officials of the Federal Board of Revenue. SA to PM on Revenue Mr. Haroon Akhtar was also present in the meeting.
Discussion was held on Input Tax Adjustment in Sales Tax which was disallowed through Finance Act 2016.
Chairman FBR Nisar Mohammad Khan briefed the Finance Minister about the difficulties and issues being faced by the businessmen due to amendment in Federal sales Tax Act.
The Finance Minister directed FBR to engage with the provinces so that the issues are resolved within a week so that in case there is a need the amendment made through Finance Act 2016 may then be reconsidered. He stated that the Government should remove the difficulties faced by the businessmen and every effort should be made to facilitate them.
The meeting was participated by the senior officials of FBR and Finance Division.