ISLAMABAD: The Federal Board of Revenue (FBR) on Friday directed exporters to provide bank details in IBAN format to pay them duty drawback , said a press release issued by the FBR here.
The FBR has devised a centralised system for online payment of customs duty drawback directly in the bank account of the exporters. For this purpose, the FBR has required 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 directed the exporters to provide information as soon as possible to avail electronic transfer facility for customs duty drawback payments.
