JAPANESE AMBASSADOR DISCUSS SALES TAX REFUND MATTERS WITH FINANCE MINISTER

Founder Editor Tazeen Akhtar..

Islamabad Japanese Ambassador, Hiroshi Inomata had a meeting with Finance Minister Senator Mohammad Ishaq Dar here Saturday.

The Japanese envoy informed the Finance Minister about the visit of JICA team to Pakistan which would evaluate the progress on Energy Sector DPC-II. He also discussed with the Minister tax related matters, including sales tax refunds,  raised by Japanese companies operating in Pakistan. He also shared with the Minister the Japanese pharmaceutical company Otsuka Pakistan’s request for revision of prices of infusion solutions keeping in view the hike in their cost of production.

The Minister on this occasion appreciated the contribution of the Japanese companies in the Pakistani market and said they were an important facet of Pak-Japan economic linkages. The Minister said that cases of sales tax refunds were being expedited by FBR under his directions.

He assured that tax related matters of Japanese companies would be discussed with Chairman FBR. He said the government had embarked on a drive to expand the tax net and promote tax culture in the country and expected the traders and business community to contribute to the national exchequer.

Hiroshi Inomata thanked the Finance Minister for taking time out of his busy schedule for this meeting.