The All Pakistan Textile Mills Association (APTMA) has requested the FBR to shift video analytics from spinning mills to the ginning stage, citing that undocumented cotton issues originate at the ginning stage. APTMA emphasized that traceability and monitoring at the ginning level are essential to curb ‘golmaal’ and ensure sector transparency.
The Federal Board of Revenue (FBR) can transfer a registered person’s sales tax registration between offices if a business changes location or for valid reasons. Records, obligations, and pending matters move seamlessly to the new office, and applications are submitted via Form STR-I.
The Federal Board of Revenue has shortened the maximum period for granting condonation of delay in sales tax matters for registered taxpayers, limiting the Commissioner Inland Revenue’s authority to two years instead of three.
The Khyber Pakhtunkhwa government has transferred and posted 40 senior bureaucrats, including special secretaries, director generals and managing directors, in a sweeping administrative reshuffle aimed at reorganising key provincial departments and authorities.
KP traders, led by Shahzad Siddiqui and All Pakistan Traders Association President Ajmal Baloch, threatened nationwide protests over FBR policies, citing undue pressure on businesses, fines in ex-FATA/PATA, and trade disruptions with Afghanistan.
The Federal Board of Revenue is preparing a comprehensive proposal to rationalise duties and taxes on imported mobile phones, following criticism over high levies that have pushed smartphones beyond the reach of many consumers.
In an early-morning operation, Customs Enforcement Peshawar intercepted a vehicle near Pezzu and recovered thousands of sleeves of smuggled cigarettes, seizing goods and the vehicle worth Rs48 million under the Customs Act.
The Federal Board of Revenue is extending its Track & Trace System to high-risk sectors including tiles, textile spinning, and GLT units, aiming to combat tax evasion and improve compliance using advanced monitoring and authentication technologies.
The Federal Constitutional Court was told that Section 4C of the Income Tax Ordinance is unconstitutional and unlawful, as it fails to meet federal legislative standards. The court heard FBR appeals against high court rulings on the super tax, with taxpayer counsel arguing the provision imposes discriminatory and excessive burdens on businesses.
The Federal Board of Revenue will begin penalising companies from January 2025 for failing to integrate their systems with FBR’s platform for issuing electronic sales tax invoices, as all registration and integration deadlines under SRO 1852(I)/2025 have now lapsed.