FBR seeks exporters IBAN for online payment of Customs Duty Drawback

April 10, 2020: The Federal Board of Revenue (FBR) Friday devised a centralized system for online payment of Customs Duty Drawback directly in the bank account of the Exporters.

For this purpose, FBR would require from the exporters to update their WEBOC profile and provide IBAN of the same Bank Account, details of which are already available in the WEBOC profile of the exporters to receive Custom Duty Drawback, said an FBR statement issued here.

The board had asked the exporters to provide information as soon as possible to avail electronic transfer facility for Customs Duty Drawback payments, the statement added.

APP