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Failure to integrate with POS software: Penalty for Tier-1 retailers

August 4, 2021
ISLAMABAD: The FBR has disallowed 60 percent input tax adjustments for those Tier-1 retailers who will not integrate with the Point of Sale (POS) software with effect from August 1, 2021.
The list of non-integrated Tier-1 retailers will be updated monthly on the FBR’s website and all those will be disallowed 60 percent input adjustment who will not integrate themselves with the POS software till 15th of every month.
The FBR has updated the list of 6,773 Tier-1 retailers across the country not integrated with the POS software. The FBR has decided to update the list on 5th of every month and give them an opportunity to apprise concerned commissioner that they are not eligible to be declared as Tier-1 retailers. Otherwise, they will be disallowed 60 percent input adjustment in case of not integrating with the POS software. ....

Sales Tax General Order , Sales Tax Act , விற்பனை வரி ஜநரல் ஆர்டர் , விற்பனை வரி நாடகம் ,

Selling products in domestic market: FBR binds manufacturers to get brand registration certificates

August 4, 2021
ISLAMABAD: The Federal Board of Revenue (FBR) has bound manufacturers of major revenue generation sectors such as tobacco, sugar, fertiliser, cement and beverages to get brand registration certificates for selling their products in the domestic market. This step is aimed at curbing evasion of taxes.
The FBR has been trying to implement a Track and Trace System and litigation was underway at the Sindh High Court and the Islamabad High Court. Till the disposal of these litigations, the FBR has come up with the Brand Registration Certificate in order to stop tax-evading sectors to sell unregistered products into the market. The FBR high-ups were hopeful that the verdict would be announced within one month, ....

Sindh High Court , Islamabad High Court , Federal Board , Trace System , Islamabad High , Brand Registration Certificate , Sales Tax Act , Finance Act , Brand Licensing Certificate , Sales Tax General Order , Project Director , சிந்த் உயர் நீதிமன்றம் , இஸ்லாமாபாத் உயர் நீதிமன்றம் , கூட்டாட்சியின் பலகை , சுவடு அமைப்பு , இஸ்லாமாபாத் உயர் , விற்பனை வரி நாடகம் , நிதி நாடகம் , விற்பனை வரி ஜநரல் ஆர்டர் , ப்ராஜெக்ட் இயக்குனர் ,

Selling products in domestic market: FBR bounds manufacturers to get brand registration certificates

Mehtab Haider
ISLAMABAD: The Federal Board of Revenue (FBR) has bound manufacturers of major revenue generation sectors such as tobacco, sugar, fertiliser, cement and beverages to get brand registration certificates for selling their products in the domestic market. This step is aimed at curbing evasion of taxes. The FBR has been trying to implement a Track and Trace System and litigation was underway at the Sindh High Court and the Islamabad High Court. Till the disposal of these litigations, the FBR has come up with the Brand Registration Certificate in order to stop tax-evading sectors to sell unregistered products into the market. The FBR high-ups were hopeful that the verdict would be announced within one month, ....

Mehtab Haider , Sindh High Court , Islamabad High Court , Federal Board , Trace System , Islamabad High , Brand Registration Certificate , Sales Tax Act , Finance Act , Brand Licensing Certificate , Sales Tax General Order , Project Director , மெஹ்தாப் ஹைடர் , சிந்த் உயர் நீதிமன்றம் , இஸ்லாமாபாத் உயர் நீதிமன்றம் , கூட்டாட்சியின் பலகை , சுவடு அமைப்பு , இஸ்லாமாபாத் உயர் , விற்பனை வரி நாடகம் , நிதி நாடகம் , விற்பனை வரி ஜநரல் ஆர்டர் , ப்ராஜெக்ட் இயக்குனர் ,

Failure to integrate with POS software Penalty for Tier-1 retailers

August 4, 2021
ISLAMABAD: The FBR has disallowed 60 percent input tax adjustments for those Tier-1 retailers who will not integrate with the Point of Sale (POS) software with effect from August 1, 2021. The list of non-integrated Tier-1 retailers will be updated monthly on the FBR’s website and all those will be disallowed 60 percent input adjustment who will not integrate themselves with the POS software till 15th of every month. The FBR has updated the list of 6,773 Tier-1 retailers across the country not integrated with the POS software. The FBR has decided to update the list on 5th of every month and give them an ....

Sales Tax General Order , Sales Tax Act , விற்பனை வரி ஜநரல் ஆர்டர் , விற்பனை வரி நாடகம் ,

Failure to integrate with POS software Penalty for Tier-1 retailers announced

August 4, 2021
ISLAMABAD: The FBR has disallowed 60 percent input tax adjustments for those Tier-1 retailers who will not integrate with the Point of Sale (POS) software with effect from August 1, 2021.
The list of non-integrated Tier-1 retailers will be updated monthly on the FBRâs website and all those will be disallowed 60 percent input adjustment who will not integrate themselves with the POS software till 15th of every month.
The FBR has updated the list of 6,773 Tier-1 retailers across the country not integrated with the POS software. The FBR has decided to update the list on 5th of every month and give them an opportunity to apprise concerned commissioners that they are not eligible to be declared as Tier-1 retailers. Otherwise, they will be disallowed 60 percent input adjustment in case of not integrating with the POS software. ....

Sales Tax General Order , Sales Tax Act , விற்பனை வரி ஜநரல் ஆர்டர் , விற்பனை வரி நாடகம் ,