VATupdate
VAT

Share this post on

Amendments to Sales Tax Rules for Integrated Suppliers – Notification by Government of Pakistan

  • The Federal Board of Revenue has made amendments to the Sales Tax Rules, 2006.
  • The amendments pertain to Chapter XIV-AA and rule 150ZEB.
  • Integrated suppliers are required to notify the Board of all their outlets and register each point of sale (POS) with specific information.
  • Integrated suppliers are prohibited from issuing temporary or draft invoices through the POS system.
  • In case of sales return or exchange, a proper debit or credit note with reference to the original invoice must be issued.

Source: download1.fbr.gov.pk

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.

Sponsors:

VAT news
VAT news

Advertisements: