Karachi, January 1, 2025 – The Regional Tax Office (RTO) – 1 Karachi, an important wing of the Federal Board of Revenue (FBR), has taken decisive action by sealing two prominent bakeries in the city for failing to comply with Point of Sale (POS) regulations.
According to FBR sources, the RTO – 1 Karachi conducted operations against the bakeries located in Saddar and Clifton after identifying non-compliance with the mandated POS integration. The Federal Board of Revenue emphasized that this measure aims to ensure transparency in business transactions, prevent revenue leakage, and promote compliance with tax laws.
The crackdown was carried out under the strict instructions of Chief Commissioner Inland Revenue, Dr. Faheem Muhammad. FBR officials stated that this operation underscores their commitment to enforcing tax regulations and curbing practices that undermine the tax system. They reiterated the importance of POS compliance as a key mechanism to monitor real-time sales data and improve revenue collection.
The FBR has consistently highlighted the need for businesses to adhere to POS regulations, which require integration of their systems with the FBR’s network. This integration facilitates accurate reporting of sales and ensures that due taxes are collected efficiently. By sealing these bakeries, the FBR has sent a strong message to the business community that non-compliance will not be tolerated.
“This action is not only about penalizing violators but also about fostering a culture of accountability and transparency in business practices,” FBR sources stated. “We urge all businesses to fulfill their legal obligations to avoid such consequences in the future.”
The FBR’s operation in Karachi is part of a broader campaign to enforce POS regulations across various sectors. Officials noted that while the majority of businesses have complied with the requirements, certain entities continue to evade integration, necessitating such stringent actions.
The sustained efforts of the FBR reflect its determination to modernize Pakistan’s tax collection system and ensure equitable taxation.