The Federal Board of Revenue (FBR) has issued a list of 113 unregistered retailers (Tier-1) who are required to be integrated with its Point of Sale (PoS) system. In addition, the FBR issued sales tax general order (STGO) 18 of 2022 here on Saturday.
The number of big retailers (Tier-1) required to be integrated with the PoS system has drastically decreased from 297 to 113. Therefore, the board has decided to raise sales tax demand against these retailers, who are still not integrated by June 10, 2022.
According to the FBR, a system-based approach has been adopted to operationalize this vital provision of law.
The exclusion procedure from this list of 113 identified Tier-I should apply as laid down in STGO 17 of 2022 dated May 13, 2022, FBR added.