How VAT refunds will be made by FBR?
VAT refunds will be paid through Expeditious Refund Payment System. This system has already been installed for industrial exporters from the tax period April, 2010 onwards. This system will be upgraded to make electronic refund payments directly in the bank accounts of the taxpayers. The scope of this new refund system will be expanded to cover all other categories of refund claimants in due course.
