On Saturday, the FBR released Sales Tax General Order (STGO) 18 of 2022.
According to the FBR’s letter, these 113 shops are continuing to operate outside of the recorded framework and are not paying sales tax earned from customers into the national budget.
The FBR produced a list of 297 large merchants (Tier-1) last month that were forced to interface with the FBR’s point-of-sale system and were denied a 60 percent input tax credit if they did not.
The number of large shops (Tier-1) that must be connected with the PoS system has dropped dramatically from 297 to 113. The board has agreed to increase sales tax demands on these large merchants (Tier-1) who have not yet connected with the FBR’s point-of-sale system by the June 10, 2022 deadline.
FBR said that the process for exclusion from this list of 113 designated Tier-I would be followed as outlined in STGO 17 of 2022, dated May 13, 2022.
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