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Traders must cooperate with FBR in curbing mis-invoicing

Traders must cooperate with FBR in curbing mis-invoicing

Web Desk December 02, 2024 Add Bol News as a trusted source

KARACHI:  Chief Commissioner RTO-1 Karachi Dr Fahim Mohammad said that cooperation from the business community is required in curbing the mis-invoicing in Sales Tax and improper usage of Point of Sales.

This he conveyed during a meeting with the visiting delegation from business community led by Secretary Tajir Dost Scheme Abdul Rehman Khan.

"Traders must refrain from trading the smuggled goods as well as banned items and are required to proceed with their business transactions as per the law and procedures" remarked the Chief Commissioner besides adding that no one is above the law.

Representatives from the business community suggested that an awareness campaign through media may be initiated for awareness of traders and the related audience.

The participants from the visiting delegation apprised the Chief Commissioner of their business-related issues in their respective areas and requested him for resolving them.

[embedpost slug="fbr-launches-epayment-2-0-to-facilitate-taxpayers"]

The business delegation also assured the Chief Commissioner of its full support and cooperation with Federal Board of Revenue (FBR).

Eearlier, Federal Board of Revenue (FBR) has launched ‘ePayment 2.0,’ a modernized system aimed at simplifying tax payment procedures for taxpayers throughout Pakistan.

“Aligned with the government’s vision to modernize the tax infrastructure, FBR remains committed to advancing tax administration and boosting revenue collection through cutting-edge digital solutions,” stated an FBR press release.

 

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