The Federal Board of Revenue (FBR) has brought amendment in the monthly sales tax return form to disallow 60 percent…
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The Corporate Tax Office (CTO) Lahore has imposed penalty of reducing adjustable input tax by 60% against 35 Tier-1 Retailers…
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The Federal Board of Revenue (FBR) has directed 482 identified Tier-I Retailers (big retailers) to integrate with the FBR’s point…
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A total of 1,572 big retailers have been integrated with the point of sales (POS) system of the Federal Board…
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All tier-1 retailers are required to integrate all their POSs with FBR’s computerized system. ‘Tier-1 retailer’ is defined in section 2(43A) of…
