- FBR to seal companies for breach.
- Real -time sales data reports now mandatory.
- Companies must link POS systems with FBR.
Islamabad: The Federal Income Board (FBR) has intensified its fiscal compliance measures, directing approximately 40,000 main retail stores and points of sale to integrate its sales data with the FBR system for mandatory 24 -hour reports, The news reported.
Failure can lead to the sealing of commercial facilities.
On Monday, the Income Authority issued a statutory regulatory order (SRO) that describes the procedures to seal and break the companies found that violated these regulations.
There are a total of 11,000 brands of level 1 retailers, while the number of its points of sale has increased to 40,000 throughout the country.
The FBR has discovered that these points of sale take several days to share their data with it, causing the tax agency to amend the sales tax rules that require all level 1 retailers to guarantee data connectivity no later 24 hours for your sales to be determined the next day.
The FBR faced a systematic problem when level 1 retailers argued that if they buy and sell a product at the same price, it does not make commercial sense. Second, the sale data were not completely shared with the FBR.
According to SRO 164 (1) 2025 issued Monday by the FBR, the commercial facilities were sealed when the retailer participates in the invoice issuance not verified, and if the store is disconnected with the FBR database for 48 hours, or the Out -line line invoices, line invoices, or line invoices do not enter the system in the next 24 hours, or the device does not maintain the record of invoices during the period outside line.
In addition, he said that the commercial facilities of the registered person can be sealed on any of these violations. The FBR has also notified the procedure for eliminating the commercial facilities of level I retailers.
The internal income commissioner would impose a fine, and the dis-seel order would be issued within 24 hours after the payment of the fine and the demand created during the audit. The registered person can also present an appeal.
The commissioner would guarantee the software audit through an integrator of all POS machines installed in all branches of said retailers within three business days after elimination. The commissioner would make sure to register the sale during that period.
The officer would further determine the exact amount of underestimated sales as a result of the software audit and create a demand for taxes sought to be evaded.
In the case of lack of payment, discouraging would be made after a month and commercial facilities would be sealed after 15 days if the breach continues.
The commissioner would impose a fine when approved an order prescribed under Series No. 25 of section 33 of the Sales Law, the FBR rules added.
