ISLAMABAD: The Federal Tax Ombudsman (FTO) settled almost 82,000 claims of duty drawback and tax refund involving Rs 5.389 billion after completing the inquires into filed complaints by exporters and manufacturers during the year 2014.
Documents available with the Customs Today disclosed that the FTO office had also made sure the refund of Rs 8.230 billion to concern applicants by resolving 178,309 cases in 2013.
While in 2012, FTO directed department concerned to pay Rs 9.787 billion by deciding 231,250 claims. Similarly, it settled 181,880 claims involving Rs 7.889 billion in 2011, and 194,056 claims involving Rs 7.080 billion in 2010.
Sources told that out of 82,000 claims of duty drawback and tax refunds for the year of 2014, 81,795 were settled through FTO office’s intervention.