LAHORE: Federal Board of Revenue (FBR) on Wednesday extended the date for Point of Sales (PoS) integration with the online system of the Board till December 21.
As per an SRO as provided in clause (b) of rule 150ZEE of the Sales Tax Rules, 2006, the eligible taxpayers intending to avail the benefit of reduced rate as provided in condition (xv) of SRO 1125(1)/2011 dated 31/12/2011 were required to register concerned Point of Sales (PoS) for subsequent data integration with FBR by 27/11/2018.
However, registered persons approached the Board with requests for extension of time period for getting their PoS registered posting numerous reasons. The competent authority has, therefore, extended the said date till December 21, 2018.
It said the competent authority has also approved an extension in time limit as provided in clause C of the aforesaid rule and now the integrated suppliers have to upload the data of past supplies within two months of the registration as aforesaid.
It requested that necessary steps may be taken to facilitate the concerned registered persons in getting their Point of Sales integrated with the online system of FBR. It is also requested that this update may be displayed prominently on FBR web portal, for public intimation of the extension as aforesaid.