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.
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.
