Traders criticizes FBR for early implementation of CNIC condition

Traders criticizes FBR for early implementation of CNIC condition

KARACHI: Traders have strongly criticized Federal Board of Revenue (FBR) for applying condition of Computerized National Identity Card (CNIC) for sales tax invoices much before its promised date of September 30, 2019.

Javed Shams, President, Anjuman e Tajiran, Sindh, Karachi Division urged the FBR to allow sales tax transactions without the condition of CNIC till September 30, 2019.

He said that in a meeting on August 07, 2019 with FBR chairman Shabbar Zaidi it was agreed that retailers would not asked for CNIC from its customers. Besides it was also agreed that company and distributors would also not demand for CNIC from their customers.

Javed Shams further said that it was agreed that the transactions would not be documented till FBR and traders associations were not reached on an agreement. Instead the FBR portal is not accepting sales tax return for the month of August 2019 without CNIC.

He urged the FBR to withdraw the condition till September 30, 2019 and allow taxpayers to file their returns for the month of August without condition of CNIC.

He said that such steps of the FBR would not augur well for the economy.