The Pakistan Federal Board of Revenue issued Notification SRO 28(I)/2024 on 10 January 2024, requiring registered persons in the fast-moving consumer goods sector to transmit sales tax invoices electronically with effect from 1 February 2024. In particular, this includes the following:
- all importers and manufacturers of fast-moving consumer goods,
- all wholesalers (including dealers) and distributors of fast-moving consumer goods; and
- all wholesaler-cum-retailers engaged in bulk import and supply of fast-moving consumer goods on a wholesale basis to retailers.
Registered persons may, after showing plausible cause, apply for an extension in the time to comply.
Source Orbitax
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