Islamabad, May 16, 2025 – The Federal Board of Revenue (FBR) has officially announced the tax stamp pricing for cement manufacturers under its Track and Trace System (TTS), marking another key step in enhancing tax compliance and digital monitoring within the cement sector.
In a notification issued on Friday, the FBR specified that the price of tax stamps would now include an additional Rs976.51 per 1,000 Unique Identification Marks (UIMs), over and above the existing rate of Rs1.126. This new pricing structure applies specifically to cement manufacturers, following the directives of the Licensing Committee dated April 30, 2025, and a subsequent addendum issued on May 2, 2025.
The notification clarified that this increase is aimed at covering the one-time and service costs associated with the TTS implementation. The total cost to be recovered amounts to Rs302.38 million. Recovery will be made through stamp charges until the sale of 309.66 million UIMs by the licensed service provider to cement manufacturers is completed.
The FBR’s move is part of a broader effort to strengthen the digitization of production monitoring and curb tax evasion across high-revenue industries. By incorporating the cement sector into the TTS, authorities aim to improve transparency in production volumes, sales, and tax declarations.
The licensed service provider has now been authorized to collect the updated tax stamp charges directly from cement manufacturers during the tenure of the license agreement. This enforcement is expected to improve compliance and reduce the gap between actual and reported production in the cement industry, which has historically been difficult to regulate.
FBR officials emphasized that this measure reflects a step toward fairness and accountability, ensuring all cement manufacturers contribute their due share of taxes while benefiting from a streamlined and digitized monitoring system.
The TTS of the FBR is a digital monitoring mechanism designed to prevent tax evasion and ensure accurate reporting of production and sales in key industries. It uses unique tax stamps or UIMs on products to track their movement from the point of production to the point of sale.