FBR issues notification amending Sales Tax Rules 2006, mandating production monitoring and video surveillance.
Islamabad: (RightNow) The Federal Board of Revenue (FBR) announces significant amendments to the Sales Tax Rules 2006, mandating production monitoring and video surveillance or digital eye systems.
According to FBR, businesses not linked to their system will face action. Police assistance will be sought if necessary.
The notification outlines the procedure for sealing businesses, stating that the Commissioner Land Revenue can initiate action based on reports. An Assistant Commissioner will provide a report, after which the Commissioner will conduct an inquiry and send a report to the Chief Commissioner.
It is clear that a business can be fully or partially sealed, and a copy of the order will be given to the owner before sealing. The business will remain sealed until it is linked to the FBR system.
It is noteworthy that a penalty must be paid and a monitoring system installed to reopen a sealed business. Electronic monitoring rules may apply to more businesses.















