Tier-I Archives - Page 2 of 6

FBR directs 81 retailers to integrate with POS system

September 8, 2022September 8, 2022Mrs. Anjum Shahnawaz

ISLAMABAD: The Federal Board of Revenue (FBR) on Thursday directed 81 retailers to integrate with the online system by September 10, 2022 otherwise action will be taken as per law. The FBR issued Sales Tax General Order (STGO) No. 3 of 2023 related to Tier-1 retailers for integration with FBR’s Point of Sale (POS) system. […]

FBR starts online monitoring sales of jewelers

July 12, 2022May 16, 2026Faisal Shahnawaz

KARACHI: The Federal Board of Revenue (FBR) has started online monitoring the sales of jewelers after amendment made through Finance Act, 2001.

101 retailers given July 10 as deadline for integration

July 6, 2022July 6, 2022Mrs. Anjum Shahnawaz

ISLAMABAD: The Federal Board of Revenue (FBR) has issued a list of 101 retailers and directed them to integrate by July 10, 2022 otherwise action will be taken as per law. The FBR issued Sales Tax General Order (STGO) No. 1 of 2023 related to Tier-1 retailers for integration with FBR’s Point of Sale (POS) […]

RTO-II Karachi seals Baklava Palace for integration failure

June 6, 2022June 6, 2022Faisal Shahnawaz

KARACHI: Regional Tax Office (RTO) – II, Karachi on Monday sealed a sweet shop i.e. M/s. Baklava Palace for failure to mandatory integrate with online system. RTO – II, Karachi, an arm of the Federal Board of Revenue (FBR), while continuing its crackdown against non-compliant Tier-1 retailers, sealed the business premises of M/s. Baklava Palace, […]

FBR issues list of 113 retailers for mandatory integration

June 5, 2022June 5, 2022Mrs. Anjum Shahnawaz

ISLAMABAD: The Federal Board of Revenue (FBR) has issued a list of 113 retailers and directed them to integrate by June 10, 2022 otherwise action will be taken as per law. The FBR issued Sales Tax General Order (STGO) No. 18 of 2022 related to Tier-1 retailers for integration with FBR’s Point of Sale (POS) […]

RTO-II Karachi seals electronics shop for integration failure

June 4, 2022June 4, 2022Faisal Shahnawaz

KARACHI: Regional Tax Office (RTO) – II, Karachi on Saturday sealed a shop of electronics goods for failure to mandatory integrate with online system. RTO – II, Karachi, an arm of the FBR, while continuing its crackdown against non-compliant Tier-1 retailers, sealed the business premises of M/s. Rafi Electronics located at Gulshan e Iqbal, Karachi. […]

Nasira Anjum gets bumper prize of FBR’s 5th POS invoice draw

May 17, 2022May 17, 2022Mrs. Anjum Shahnawaz

ISLAMABAD: Nasira Anjum, a customer of Imtiaz Provision Store, has been awarded with the bumper prize of Rs 1 million in fifth computerized draw conducted by the Federal Board of Revenue (FBR) on Monday. The computerized balloting was conducted on the basis of invoices issued by Point of Sales (POS) of Tier-1 Retailers. READ MORE: […]

FBR issues procedure for restoration of input tax adjustment

May 13, 2022May 13, 2022Mrs. Anjum Shahnawaz

ISLAMABAD: The Federal Board of Revenue (FBR) has issued procedure to restore input tax adjustment claimed by Tier-1 retailers. The FBR on Friday issued Sales Tax General Order (STGO) No. 17 of 2022 dated May 13, 2022 regarding Tier-1 retailers – integration with FBR POS System. The procedure for reversal of bar on input tax […]

POS service fee issue hampers sales tax return filing

April 27, 2022April 27, 2022Faisal Shahnawaz

KARACHI: Karachi Tax Bar Association (KTBA) has raised the issue that taxpayers are unable to file sales tax return for the month of March 2022 as online system is denying taxpayers without payment of POS service fee. The KTBA in a letter sent to FBR chairman on Wednesday urged to take urgent note of the […]

FBR issues list of 185 retailers for mandatory integration

April 6, 2022April 6, 2022Mrs. Anjum Shahnawaz

ISLAMABAD: The Federal Board of Revenue (FBR) on Tuesday issued a list of 185 retailers for mandatory integration with online tax system. The FBR directed the retailers to integrate with the online tax system by April 10, 2022 in order to avoid harsh action. The revenue body issued Sales Tax General Order No. 11 of […]

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