Deploying IR officers at taxpayers’ premises

Deploying IR officers at taxpayers’ premises

Section 40B of Sales Tax Act, 1990 has defined deploying Inland Revenue (IR) officers at taxpayers’ premises.

The Federal Board of Revenue (FBR) issued the Sales Tax Act, 1990 updated up to June 30, 2021. The Act incorporated amendments brought through Finance Act, 2021.

Following is the text of section 40B of the Sales Tax Act, 1990:

40B. Posting of Inland Revenue Officer.– Subject to such conditions and restrictions, as deemed fit to impose, the Board, may post Officer of Inland Revenue to the premises of registered person or class of such persons to monitor production, sale of taxable goods and the stock position.

(Disclaimer: The text of above section is only for information. Team PkRevenue.com makes all efforts to provide the correct version of the text. However, the team PkRevenue.com is not responsible for any error or omission.)

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