- FBR deactivates affidavit requirement for sales tax returns
- Move aimed at simplifying compliance for businesses
- FBR submits formal statement to SHC requesting disposal of ongoing petitions
- Affidavit mandate for monthly sales tax returns by CFOs rescinded
- Previous verification process reinstated
- Decision resolves grievances raised by petitioners
- FBR introduced affidavit obligation in October 2024 to curb fake and flying invoices
- Internal directive warns CFOs against approving fraudulent invoices
- Previous guidelines required CFOs to submit affidavits affirming accuracy of sales tax filings
- FBR’s decision reflects responsiveness to industry concerns and commitment to addressing tax fraud.
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.
