FBR Issues Clarification on Fake Refund Payment


Islamabad, 12 March 2020 – Mudasser Chudhary:

Federal Board of Revenue has issued a clarification on the news item about loss of revenue caused due to issuance of refund claims on fake registration by FBR published by some section of press and stated that no fake refund claim has been sanctioned or issued as mentioned in the news items.

As no fake refund payment has been made, therefore, the question of loss of government revenue does not arise, FBR clarified.

FBR has initiated the fact finding on the basis of findings of Federal Tax Ombudsman and the report would be presented to FTO within the time limit as directed in the order passed on 20th February, 2020.