ISVWorld News - Export growth dependent on sale tax refunds

This is apropos a Business Recorder op-ed "Export growth dependent upon sales tax refunds" carried by the newspaper yesterday. The writer, Tahir Jahangir, who is widely known as a successful businessman, has strongly advocated a key point. According to him, "it would be better to revert to the older system of industry wide declared refunds which are paid as soon as exports are made. Non-payment or delayed payment of refunds has been playing the role of barriers to export growth. That critically of exports in relation to countrys economy cannot be underestimated is a fact.