FBR asks taxpayers to provide IBAN for refunds transfer

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ISLAMABAD, (TLTP): Federal Board of Revenue (FBR) Wednesday requested the taxpayers to update their IRIS profile and provide international bank account number (IBAN) to receive Sales Tax, Federal Excise Duty (FED) and Income Tax refund cheques.

The FBR has devised a centralized system of online payment of Sales Tax, FED and Income Tax refunds directly in the bank account of the taxpayers.

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The FBR requested the taxpayers to update their IRIS profile. In the given bank account details area in the system, IBAN detail row is added wherein taxpayers are required to add their complete bank’s IBAN number of same bank account whose details are already available in IRIS profile to receive Sales Tax, FED and Income Tax refund cheques, said the FBR is a press statement.

The FBR has advised the taxpayers to do the needful as soon as possible to avail electronic transfer facility. Likewise, the FBR has also required from the exporters to update their WEBOC profile and provide IBAN of the same bank account whose details are already available in WEBOC profile of the exporters to receive Custom Duty drawback.

The FBR has required the information to be provided as soon as possible to avail electronic transfer facility for Customs Duty Drawback payments.

The Law Today Pakistan, commonly known as TLTP, is the largest news wire service, headquartered in Islamabad. The service is providing fast, comprehensive and verified news on superior courts adjudications, regulatory framework of fiscal, monitory and external sectors, economic regulatory bodies amid apex institutions regulating the financial system. TLTP is empowering readers of more than 12 national English dailies in the country.

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FBR asks taxpayers to provide IBAN for refunds transfer - TLTP NEWS FBR asks taxpayers to provide IBAN for refunds transfer - TLTP NEWS

FBR asks taxpayers to provide IBAN for refunds transfer

4
SHARES
32
VIEWS

ISLAMABAD, (TLTP): Federal Board of Revenue (FBR) Wednesday requested the taxpayers to update their IRIS profile and provide international bank account number (IBAN) to receive Sales Tax, Federal Excise Duty (FED) and Income Tax refund cheques.

The FBR has devised a centralized system of online payment of Sales Tax, FED and Income Tax refunds directly in the bank account of the taxpayers.

READ ALSO

The FBR requested the taxpayers to update their IRIS profile. In the given bank account details area in the system, IBAN detail row is added wherein taxpayers are required to add their complete bank’s IBAN number of same bank account whose details are already available in IRIS profile to receive Sales Tax, FED and Income Tax refund cheques, said the FBR is a press statement.

The FBR has advised the taxpayers to do the needful as soon as possible to avail electronic transfer facility. Likewise, the FBR has also required from the exporters to update their WEBOC profile and provide IBAN of the same bank account whose details are already available in WEBOC profile of the exporters to receive Custom Duty drawback.

The FBR has required the information to be provided as soon as possible to avail electronic transfer facility for Customs Duty Drawback payments.

The Law Today Pakistan, commonly known as TLTP, is the largest news wire service, headquartered in Islamabad. The service is providing fast, comprehensive and verified news on superior courts adjudications, regulatory framework of fiscal, monitory and external sectors, economic regulatory bodies amid apex institutions regulating the financial system. TLTP is empowering readers of more than 12 national English dailies in the country.

Related Posts

Next Post

POPULAR NEWS

EDITOR'S PICK

Welcome Back!

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