A delegation of the Gujranwala Chamber of Commerce and Industry (GCCI) led by Mr. Humais Gulzar Mughal, Senior Vice President of GCCI visited FBR Headquarters and met Mr. Asim Ahmad Chairman, FBR. The meeting was also attended by Mr. Mukarram Jah Ansari, Member of Customs Operations.
The representatives of GCCI highlighted the issues faced by their members including early payment of Sales Tax refunds, import of motors scrap, delay in clearance of their goods due to SBP’s FE regulations, and 100% cash margin restriction on import of aluminum scrap.
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The Chairman explained that more ST refund has been paid to their members in comparison with the previous year. Similarly, Member Customs Ops explained the procedure of clearance at import stage and the reason for practice in vogue. The Chairman assured the resolution of all the issues faced by members of GCCI especially exports related units.