The FBR has issued a Sales Tax General Order no.1 of 2022 by which a system-based approach is being adopted to integrate tier-1 retailers with POS effective this month. — APP/File
ISLAMABAD: The Federal Board of Revenue (FBR) on Tuesday set a deadline of Aug 15 for all tier-1 retailers to get integrated with the Point-of-Sale (POS) system otherwise they would be denied credit for input tax equal to 60 per cent of claimed in the sales tax return for July.
The FBR has issued a Sales Tax General Order no.1 of 2022 by which a system-based approach is being adopted to integrate tier-1 retailers with POS effective this month.