- The Federal Board of Revenue (FBR) has introduced new measures to enhance monitoring of industrial production through advanced electronic surveillance.
- The FBR has issued SRO 364(I) 2025, implementing significant changes to the Sales Tax Rules, 2006.
- The new framework mandates electronic monitoring of production processes for specified goods.
- The monitoring system includes real-time video analytics, automated data collection, instant data transmission to the FBR, detection of production halts, comprehensive quantitative analysis, and data-driven analytics.
- Manufacturers are required to monitor their production processes electronically before removing products from their premises.
- The FBR aims to bring greater transparency to industrial operations and discourage tax evasion.
- Manufacturing units must comply with the new directives and ensure their production data is continuously recorded and analyzed by the regulatory authorities.
- The FBR is committed to leveraging digital solutions for robust regulatory oversight.
Source: pkrevenue.com
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.
