FBR Amends Sales Tax Return Form to deny 60pc input tax to nonintegrated retailers
The Federal Board of Revenue (FBR) has brought amendment in the monthly sales tax return form to…
Corporate Tax Office Lahore imposes penalty on 35 Tier-1 Retailers
The Corporate Tax Office (CTO) Lahore has imposed penalty of reducing adjustable input tax by 60%…
FBR's new deadline for big retailers to integrate with POS system to avoid disallowance of input tax
The Federal Board of Revenue (FBR) has directed 482 identified Tier-I Retailers (big retailers) to…
Big retailers integrated with point of sales system of FBR
A total of 1,572 big retailers have been integrated with the point of sales (POS) system of the…
Definition of Tier-1 Retailer under sales tax act 1990
All tier-1 retailers are required to integrate all their POSs with FBR’s computerized system.
