Tag Archives: Retailers who fail to integrate with POS will not get tax credit

ISLAMABAD: The Federal Board of Revenue (FBR) on Tuesday set a deadline of Aug 15 for all tier-1 retailers to get integrated with the Point-of-Sale (POS) system otherwise they would be denied credit for input tax equal to 60 per cent of claimed in the sales tax return for July. The FBR has issued a Sales Tax General Order no.1 …

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