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Tag: KTBA

KTBA Bar

KTBA Raises Red Flags on 8-Digit HS Code and UoM Compliance

April 7, 2025April 7, 2025Shahnawaz Akhter

The Karachi Tax Bar Association (KTBA) has raised serious concerns regarding the Federal Board of Revenue’s (FBR) mandate requiring the declaration of eight-digit Harmonized System (HS) Codes and specific Units of Measurement (UoM) in sales tax returns.

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FBR launches IRIS 2.0

IRIS Errors Disrupt Sales Tax Filing as Deadline Passes

March 20, 2025March 20, 2025Shahnawaz Akhter

Karachi, March 20, 2025 – A significant number of taxpayers have struggled to comply with the filing of their sales tax returns for February 2025 due to persistent technical issues on the IRIS portal.

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KTBA Bar

KTBA Appeals for Sales Tax Deadline Shift Amid IRIS Issues

March 17, 2025March 17, 2025Shahnawaz Akhter

Karachi, March 17, 2025 – The Karachi Tax Bar Association (KTBA) has formally urged the Federal Board of Revenue (FBR) to extend the deadline for filing monthly sales tax returns due to ongoing technical issues with the IRIS portal.

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KTBA Bar

KTBA Flags Glitches and Anomalies in IRIS Portal

March 14, 2025March 14, 2025Shahnawaz Akhter

Karachi, March 14, 2025 – The Karachi Tax Bar Association (KTBA) has raised concerns over persistent glitches and anomalies affecting the Federal Board of Revenue’s (FBR) IRIS portal.

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KTBA Bar

FBR Halts New Sales Tax Registration, KTBA Raises Concerns

March 7, 2025March 7, 2025Shahnawaz Akhter

Karachi, March 7, 2025 – The Karachi Tax Bar Association (KTBA) has raised serious concerns over the virtual standstill in the Federal Board of Revenue’s (FBR) sales tax registration system, stating that the process has nearly come to a halt.

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KTBA Bar

KTBA Calls for Immediate Appointment of Refund Commissioner

March 5, 2025March 5, 2025Shahnawaz Akhter

Karachi, March 5, 2025 – The Karachi Tax Bar Association (KTBA) has urged the Federal Board of Revenue (FBR) to take immediate action by appointing a Commissioner Inland Revenue at Zone-II, Corporate Tax Office (CTO), Karachi, to facilitate the efficient processing and timely issuance of refunds.

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KTBA Bar

KTBA Raises Alarm Over Tax Turmoil for Salaried Class

February 13, 2025February 13, 2025Shahnawaz Akhter

Karachi, February 13, 2025 – The Karachi Tax Bar Association (KTBA) has called upon the Federal Board of Revenue (FBR) to immediately withdraw the show-cause notices served to salaried individuals regarding tax recoveries.

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KTBA Bar

KTBA Calls for FBR to Limit Password Change Policy to Sales Tax

February 10, 2025February 10, 2025Shahnawaz Akhter

Karachi, February 10, 2025 – The Karachi Tax Bar Association (KTBA) has strongly recommended that the Federal Board of Revenue (FBR) confine its newly implemented password change policy to sales tax filers alone.

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KTBA Bar

KTBA Urges FBR to Delay SRO 55 Compliance for Two Months

February 8, 2025February 8, 2025Shahnawaz Akhter

Karachi, February 8, 2025 – The Karachi Tax Bar Association (KTBA) has called on the Federal Board of Revenue (FBR) to defer the implementation of SRO 55(I)/2025, which introduces key modifications to sales tax return filing.

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KTBA Bar

KTBA proposes solutions to eliminate sales tax return issues

February 4, 2025February 4, 2025Shahnawaz Akhter

Karachi, February 4, 2025 – The Karachi Tax Bar Association (KTBA) has proposed comprehensive solutions to resolve the persistent issues taxpayers face while filing sales tax returns.

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