New procedures to bridge sales tax collection gap
ISLAMABAD: The Federal Board of Revenue (FBR) issued new procedures on Wednesday to streamline licensing, issuing electronic sales tax invoices, and integrating registered persons into the electronic invoicing system.
The amendments were introduced in the Sales Tax Rules 2006 as part of the drive to plug loopholes in the digital system of Pakistan Revenue Automation Ltd (PRAL) to raise maximum revenue and bridge the Rs4 trillion collection gap.
The new rules were notified through a SRO69 of 2025 to ensure greater accountability and efficiency in the collection of sales tax.
According to amendments, all registered persons are required to integrate their point-of-sales (POS) with the FBR’s computerised system to generate and transmit electronic sales tax invoices. This will help automate and monitor taxable supplies.
Integrated electronic licensing, invoicing system to boost efficiency, transparency
A licensed integrator must operate........
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