- FBR to seal businesses on non-compliance.
- Real -time sales data reports are now compulsory.
- Companies must link POS systems to FBR.
Islamabad: The Federal Board of Return (FBR) has intensified its tax compliance measures, managing around 40,000 department stores and important points of sale to integrate their sales data into the FBR system for compulsory 24 -hour reports, The news reported.
Failure can lead to the sealing of commercial premises.
On Monday, Revenue Authority made a statutory regulatory order (SRO) describing the sealing and de-regulating procedures of companies that violated these regulations.
There are a total of 11,000 brands of level 1 retailers, while the number of their points of sale has increased to 40,000 across the country.
The FBR noted that these points of sale take several days to share their data with it, which means that the tax body changes the rules of the sales tax forcing all level 1 retailers in order to ensure data connectivity At the latest 24 hours so that their sales can be determined the next day.
The FBR has confronted a systematic problem when level 1 retailers argued that if they buy and sell a product at the same price, it has no commercial sense. Second, the sales data were not entirely shared with the FBR.
According to the SRO 164 (1) 2025 published Monday by the FBR, the commercial premises are sealed when the retailer is involved in the issuance of an undelicated invoice, and if the store is disconnected from the FBR database for 48 hours, Or offline offline invoices The rules have not entered the system in the coming 24 hours, or the device does not keep invoices during the offline period.
He also declared that the commercial premises of the registered person could be sealed on one of these violations. The FBR has also informed the procedure for moving the commercial premises of level I.
The Inland Revenue Commissioner would impose a penalty, and the deregation order would be issued within 24 hours of payment of the penalty and the request created during the audit. The registered person may also make a call.
Commissioner IR would ensure the audit of software via an integrator of all the POS machines installed in all the branches of these retailers within three working days depending on the de-selling. The commissioner would register the sale during this period.
The officer would also determine the exact quantum of sub-declared sales following the software audit and would create a tax request requested to be eluded.
In the event of non-payment, the de-selling would be carried out after a month and the commercial premises would be reassessed after 15 days if the default value continues.
Commissioner IR would impose a penalty by adopting an order prescribed under series No. 25A of article 33 of the sales law, added the rules of the FBR.
