The Federal Board of Revenue (FBR) has underscored the confidentiality of information obtained or shared under bilateral or multilateral agreements, as per the provisions outlined in the Sales Tax Act (STA), 1990.
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FBR, Pakistan’s national tax collecting agency, plays a crucial role in the country’s economy. Pakistan Revenue is committed to providing readers with the latest updates and developments regarding FBR activities.
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FBR transfers BS-18 to BS-20 IRS officers
ISLAMABAD: The Federal Board of Revenue (FBR) on Friday announced transfers and postings of senior officers of Inland Revenue Service (IRS) in BS-18 to BS-20.
The FBR notified transfers and postings of the following officers:
01. Abdul Hameed Shaikh (Inland Revenue Service/BS-20) has been transferred and posted as Chief, (Provincial Taxes) Inland Revenue Policy Federal Board of Revenue (Hq), Islamabad from the post of Chief, (ST&FE Policy) Inland Revenue Policy Federal Board of Revenue (Hq), Islamabad. (The officer is also assigned the additional charge of the post of Chief (Law & Clarification), Inland Revenue Policy Wing, as per Rules.)
READ MORE: FBR transfers 36 Customs officers in BS-17 to BS-19
02. Dr. Sajid Hussain Arain (Inland Revenue Service/BS-19) has been transferred and posted as Secretary, (R&SRO) Inland Revenue Policy Federal Board of Revenue (Hq), Islamabad from the post of Secretary, (PAC-IDT)) Audit & Accounting Federal Board of Revenue (Hq), Islamabad.
03. Ms. Fakhryia Anjum (Inland Revenue Service/BS-19) has been transferred and posted as Chief, (OPS) ( ST&FE Policy) Inland Revenue Policy Federal Board of Revenue (Hq), Islamabad from the post of Secretary, (STB) Inland Revenue Policy Federal Board of Revenue (Hq), Islamabad.
04. Abdur Razzaq Khan (Inland Revenue Service/BS-19) has been transferred and posted as Additional Commissioner Inland Revenue, Regional Tax Office, Multan from the post of Additional Commissioner, Regional Tax Office, Sahiwal.
05. Farooq Azmat Chatha (Inland Revenue Service/BS-19) has been transferred and posted as Secretary, ( ST&FE Policy) Inland Revenue Policy Federal Board of Revenue (Hq), Islamabad from the post of Additional Commissioner, Large Taxpayers Office, Lahore.
READ MORE: FBR notifies transfers of IRS officers in BS-19-20
06. Ali Muhammad (Inland Revenue Service/BS-19) has been transferred and posted as Secretary, (PAC-IDT) Audit & Accounting Federal Board of Revenue (Hq), Islamabad from the post of Secretary, (ST&FE Policy) Inland Revenue Policy Federal Board of Revenue (Hq), Islamabad.
07. Naveed Mukhtar (Inland Revenue Service/BS-19) has been transferred and posted as Secretary, (ITB) Inland Revenue Policy Federal Board of Revenue (Hq), Islamabad from the post of Additional Commissioner, IR Large Taxpayers Office, Islamabad. (The officer is also assigned the additional charge of the post of Secretary (ITP), Inland Revenue Policy Wing, as per Rules.)
08. Tariq Iqbal (Inland Revenue Service/BS-19) has been transferred and posted as Secretary, (Law & Clarification) Inland Revenue Policy Federal Board of Revenue (Hq), Islamabad from the post of Secretary, (R&SRO) Inland Revenue Policy Federal Board of Revenue (Hq), Islamabad. (The officer is also assigned the additional charge of the post of Secretary (Court Matters), Inland Revenue Policy Wing, as per Rules.)
READ MORE: FBR announces transfers of senior tax auditors
09. Mukhtiar Ahmad Shar (Inland Revenue Service/BS-19) has been transferred and posted as Secretary, (STB) Inland Revenue Policy Federal Board of Revenue (Hq), Islamabad from the post of Additional Commissioner, Large Taxpayers Office, Karachi.
10. Usman Ahmed Khan (Inland Revenue Service/BS-19) has been transferred and posted as Additional Commissioner Inland Revenue, Large Taxpayers Office, Lahore from the post of Additional Director, Directorate General of Training & Research (Inland Revenue), Lahore.
11. Ms. Naila Ashraf Khan (Inland Revenue Service/BS-18) has been transferred and posted as Second Secretary, (Provincial Taxes-I) Inland Revenue Policy Federal Board of Revenue (Hq), Islamabad from the post of Second Secretary, IR Policy Wing Federal Board of Revenue (Hq), Islamabad. (The officer is also assigned the additional charge of Second Secretary (Law & Clarification), Inland Revenue Policy Wing, as per Rules.)
12. Fariduddin Khan (AOST/BS-18) has been transferred and posted as Second Secretary, (ITB) Inland Revenue Policy Federal Board of Revenue (Hq), Islamabad from the post of Second Secretary, (Court Matters) Inland Revenue Policy Federal Board of Revenue (Hq), Islamabad.
13. Usman Ahmed (Inland Revenue Service/BS-18) has been transferred and posted as Second Secretary, (Provincial Taxes-II) Inland Revenue Policy Federal Board of Revenue (Hq), Islamabad from the post of Assistant Director (Audit), Inland Revenue Policy Federal Board of Revenue (Hq), Islamabad.
14. Zahid Baig (AOST/BS-18) has been transferred and posted as Second Secretary, (ST&FE Policy) Inland Revenue Policy Federal Board of Revenue (Hq), Islamabad from the post of Assistant Director (Audit) / SS (ST-L&P), Inland Revenue Policy Federal Board of Revenue (Hq), Islamabad.
READ MORE: Sales tax cases may be transferred from special court
15. Ansar Majeed (AOST/BS-18) has been transferred and posted as Second Secretary, (STB) Inland Revenue Policy Federal Board of Revenue (Hq), Islamabad from the post of Assistant Director (Audit), (STB) IR Policy Federal Board of Revenue (Hq), Islamabad.
The FBR said that the officers who are drawing performance allowance prior to issuance of this notification shall continue to draw this allowance on the new place of posting.
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Digital tax monitoring yields Rs32.43bn from sugar sector
ISLAMABAD: The digital monitoring initiated by the Federal Board of Revenue (FBR) has resulted in a collection of Rs32.43 billion from the sugar sector during the first half of the current fiscal year.
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Real-time access to information and databases
Section 56AB of Sales Tax Act, 1990 has described real-time access to information and databases.
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 56AB of the Sales Tax Act, 1990:
56AB. Real-time access to information and databases.—(1) Notwithstanding anything contained in any law for the time being in force, including but not limited to the National Database and Registration Authority Ordinance, 2000 (Ordinance VIII of 2000), and the Emigration Ordinance, 1979 (Ordinance XVIII of 1979), arrangements shall be made to provide real-time access of information and database to the Board in the prescribed form and manner by–
(a) the National Database and Registration Authority with respect to information pertaining to National Identity Card (NIC), Pakistan Origin Card, Overseas Identity Card, Alien Registration Card, and other particulars contained in the Citizen Database;
(b) the Federal Investigation Agency and the Bureau of Emigration and Overseas Employment with respect to details of international travel;
(c) the Islamabad Capital Territory and Provincial and local land record and development authorities with respect to record-of-rights including digitized edition of record-of-rights, periodic record, record of mutations and report of acquisition of rights;
(d) the Islamabad Capital Territory and Provincial Excise and Taxation Departments with respect to information regarding registration of vehicles, transfer of ownership and other associated record;
(e) all electricity suppliers and gas transmission and distribution companies with respect to particulars of a consumer, the units consumed and the amount of bill charged or paid:
Provided that where the connection is shared or is used by a person other than the owner, the name and NIC of the owner and the user shall also be furnished:
Provided further that all electricity suppliers and gas transmission and distribution companies shall make arrangements by the 1st day of January, 2021 for allowing consumers to update the ratio of sharing of a connection or the particulars of users, as the case may be; and
(f) any other agency, authority, institution or organization, notified by the Board.
(2) The Board shall make arrangements for laying the infrastructure for real-time access to information and database under sub-section (1) and aligning it with its own database in the manner as may be prescribed.
(3) Until real-time access to information and database is made available under sub-section (1), such information and data shall be provided periodically in such form and manner as may be prescribed.
(4) Subject to section 56B, all information received under this section shall be used only for tax purposes and kept confidential.
(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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FBR conducts AML training for jewelers, lawyers
ISLAMABAD: The Federal Board of Revenue (FBR) has organized a training session on Anti-Money Laundering (AML)/Counter Financing for Terrorism (CFT) for jewelers, accountants and lawyers.
The revenue body conducted the training session in collaboration with United Nations Office on Drugs and Crime (UNODC).
The session has been aimed at creating awareness among Designated Non-Financial Businesses and Professions (DNFBPs).
READ MORE: FBR imposes AML condition on immovable properties
A number of office bearers of various associations were also present in the training sessions. The senior representatives from the Ministry of Foreign Affairs, National Counter Terrorism Authority (NACTA), FBR, Financial Monitoring Unit (FMU)) and Institute of Chartered Accounts of Pakistan (ICAP) were the key speakers.
In his opening remarks, Mohammad Iqbal, Director General DNFBPs, emphasized on combating Money Laundering in the non-financial sectors of the country. He apprised the participants of the FATF compliance measures and the country’s own requirements to choke the funds and resources for money laundering and financing of terrorism.
READ MORE: FBR vows to curb money laundering in real estate
The DG DNFBPs highlighted that FBR as the AML/CFT regulatory authority will continue supervising and facilitating the DNFBPs so that the ill-gotten proceeds of crimes cannot be stashed in gold or precious metals and stones.
The speakers informed the DNFBPs on various aspects of AML/CFT, such as screening the lists of proscribed or UN-designated persons and organizations, customer’s due diligence, suspicious transaction reporting and the national risk assessment on money laundering and terrorist financing.
READ MORE: FBR apprises realtors about FATF requirements
In the end, a question-answer session was held and the DNFBPs raised their queries on various aspects of AML/CFT implementation. The sessions were welcomed and acknowledged by all the participants.
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FBR exempts customs, regulatory duty on Afghan goods
ISLAMABAD: The Federal Board of Revenue (FBR) allowed exemption from customs duty, additional customs duty, and regulatory duty on import of various goods from Afghanistan.
The FBR on Thursday issued three different statutory regulatory orders (SROs) to allow exemptions on various products on import from Afghanistan.
Through SRO 1609(I)/2021, the FBR exempted the import into Pakistan from Afghanistan from whole of the customs duty on items, included (HS Codes): coal (2701.1900); bituminous coal (2701.1200); talc (2526.1010); marble (crude or roughly trimmed) (2515.1100); plants and parts of plants (including seed and fruit) (1211.9000); seed of cumin neither crushed nor grounded (0909.3100); suphur of all kinds, other than sublimed suplhur (2503.0000); Yams (dioscorea spp.) (0714.3000); and containers (including containers for the transport of fluids) (8609.00000.
The notification shall be effective till June 30, 2022.
The FBR through SRO 1610(I)/2021 allowed concessions of regulatory duty. “Regulatory duty on import of marble (crude or roughly trimmed) falling under PCT code 2515.1100 shall be exempted and regulatory duty on import of ground nuts in shell falling under PCT code 1202.4100 shall be reduced from 20 per cent to 10 per cent, if imported from the Islamic Republic of Afghanistan).”
The notification shall be effective till June 30, 2022.
Through SRO 1611(I)/2021 exemption of additional customs duty has been granted on: “import of goods falling under PCT codes 0714.3000, 0909.3100, 1211.9000, 2526.1010, 2515.1100, 2701.1200, 2701.1900 and 8609.0000, if imported from Islamic Republic of Afghanistan.”
The notification shall be effective till June 30, 2021.
READ MORE: Tarin directs FBR to ensure security of taxpayers’ data
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Agreement for the exchange of information
Section 56A of Sales Tax Act, 1990 has defined agreement for the exchange of information or assistance in recovery of taxes.
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 56A of the Sales Tax Act, 1990:
56A. Agreement for the exchange of information or assistance in recovery of taxes.– (1) The Federal Government may enter into bilateral or multilateral agreements with provincial governments or with governments of foreign countries for the exchange of information, including electronic exchange of information, with respect to sales tax imposed under this Act or any other law of Pakistan and under the corresponding laws of such countries and may, by notification in the official Gazette, make such provisions as may be necessary for implementing such agreements.
(1A) Notwithstanding anything contained in this Act, the Board shall have power to share data or information including real time data videos, images received under the provisions of this Act with any other Ministry or Division of the Federal Government or Provincial Government, subject to such limitations and conditions an may be specified by the Board.
(2) The provisions of section 107 of the Income Tax Ordinance, 2001 (XLIX of 2001) shall, mutatis mutandis, apply to the provisions of this section.
(3) The Federal Government may enter into bilateral or multilateral convention, and inter-governmental agreement or similar agreement or mechanism for assistance in the recovery of taxes.
(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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Tarin directs FBR to ensure security of taxpayers’ data
Shaukat Tarin, Adviser to the Prime Minister on Finance and Revenue has directed the Federal Board of Revenue (FBR) to ensure security of taxpayers’ data.
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Service of notices, orders under sales tax act
Section 56 of Sales Tax Act, 1990 has defined service of notices and orders under sales tax act.
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 56 of the Sales Tax Act, 1990:
56. Service of orders; decisions etc. – (1) subject to this Act , any notice, order or requisition required to be served on a resident individual, other than in a representative capacity for the purposes of this Act shall be treated as properly served on the individual if –
(a) personally served on the individual or, in the case of an individual under a legal disability or a non-residents individual the representative of the individual;
(b) sent by register post or courier service specified in clause (b) of sub-section (2) or to the individual’s usual or last known address in Pakistan;
(c) served on the individual in the manner prescribed for service of a summons under the code of civil procedure, 1908(Act V of 1908); or
(d) sent electronically through email or to the e-folder maintained for the purpose of e-filing of sales tax-cum-Federal excise returns by the registered person.
(2) Subject to this Act, any notice order or requisition required to be served on any person, other than a resident individual to whom sub-section (1)applies, for the purposes of this Act, shall be treated as properly served on person if –
(a) personally served on the representative of the person;
(b) sent by registered post or courier service to the person’s registered office or address for service of notices under this Act, in Pakistan or where the person does not have such office or address, the notice is sent by registered Post to any office or place of business of the person in Pakistan;
(c) served on the Person in the manner prescribed for service of a summons under the code of civil procedure, 1908(Act V of 1908); or
(d) sent electronically through email or to the e-folder maintained for the purpose of e-filing of sales tax-cum-Federal excise returns by the registered person.
(3) Where an association of persons is dissolved, any notice, order or requisition required to be served under this Act, on the association or a member of the association may be served on any person who was the principal officer or a member of the association immediately before such dissolution.
(4) Where, business stands discontinued, any notice, order or requisition required to be served under this Act, on the person discontinuing the business may be served on the person personally or on any individual who was the person’s representative at the time of discontinuance.
(5) The validity of service of a notice under this Act shall not be called into question after the notice has been complied with in any manner.
(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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FBR may issue instructions under Sales Tax Act
In a bid to streamline the implementation of the Sales Tax Act, 1990, the Federal Board of Revenue (FBR) has been granted the authority to issue instructions or directions under Section 55.
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