FBR suspends credit notes against unregistered supplies

The Federal Board of Revenue (FBR) has stirred controversy with its recent decision to suspend credit notes against supplies made to unregistered persons, a move that has drawn strong protests from the Karachi Tax Bar Association (KTBA). The tax bar has voiced its concerns over the unilateral suspension of credit and debit notes, emphasizing that … Continue reading FBR suspends credit notes against unregistered supplies