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Daily Archives: July 20, 2016

FBR urged to withdraw amendment in SROs disallowing input tax credit or refund of packing materials

Lahore, July 20, 2016 (PPI-OT): The Lahore Chamber of Commerce and Industry Wednesday urged the Federal Board of Revenue (FBR) to withdraw amendment in SRO 1125(I)/2011 dated 31.11.2011 through SRO 491(I)/2016 dated 30.06.2016, under which input tax credit or refund of packing material of all sorts has been disallowed. In a statement issued here, the ...

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