- FBR released a procedure for integrating businesses into its digital invoicing system.
- The procedure is detailed in Sales Tax Circular No. 1 of 2025.
- Selected businesses must integrate their systems with the FBR’s digital platform.
- Integration must be done through officially licensed integrators.
- Authorized integrators include PRAL, Haball, EY, and WebDNAworks.
- Businesses must access the digital invoicing portal and choose an integrator.
- Integrators must respond swiftly to integration requests and follow FBR guidelines.
- The initiative aims to improve transparency and reduce tax evasion.
- Businesses are encouraged to integrate promptly to avoid future penalties.
- This is part of FBR’s broader tax reform strategy promoting digitization.
Source: pkrevenue.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
Latest Posts in "Pakistan"
- National Grid Company Seeks VAT Exemption on Imported Equipment for Development Projects Amid Financial Strain
- Textile Council Urges PM to Declare Export Emergency Amid Plunging Exports and Widening Trade Deficit
- Pakistan Rolls Out Phased E-Invoicing Linked to VAT and Sales Tax Compliance
- Customs Inspector Suspended for Extortion and Misconduct at Islamabad Airport
- Customs Values of Imported Latex Rubber Threads Revised to Reflect International Price Trends
