Timeline Prescribed for Payment of Rebates for Exports in Rules 

Reform Description  The Payment of Rebate to Exporters (Cases Selected for Compliance Check) Now Being Paid in 07 Working Days

Before: There was no time limit prescribed for processing of Rebate claims selected by Risk Management System for compliance check.

After: FBR has prescribed a time limit of 07 working days in law for clearance of selected rebate claims for compliance within.

Sector  All Sectors
Beneficiaries All Export Businesses
Jurisdiction/Location  Federal (Entire Pakistan)
Department  Federal Board of Revenue
Date of Implementation  22-06-2021
 

Details

 

Difficulty

  • The duty drawback claims which were selected by the Risk Management System for compliance check took a long time since there was no time limit for clearance prescribed in the law.
 

Analysis

  • After taking up the matter with FBR and other relevant stakeholders it was felt that there shall be a specific time limit in which all the claims selected for compliance check should be cleared.
 

Solution 

  • Accordingly, the Customs Rules, 2001 were amended vide SRO 798(1)/2021 dated 22-06-2021 and it was made a legal obligation to clear the duty drawback claims marked by the Risk Management System for compliance check within 07 days on First in First Out basis.

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