FBR allows rectification on tax payment receipts

KARACHI: The Federal Board of Revenue (FBR) has allowed rectification on payment receipts to facilitate taxpayers and decentralised the correction-related approval to relevant chief commissioners, sources said on Saturday.

As per the procedure, the taxpayers would contact relevant Large Taxpayers Units (LTUs) and Regional Tax Offices (RTOs) for instant rectification instead of going through a long procedure of approval from the revenue board, the sources said.

Due to error on payment receipts, the taxpayers have to face difficulties after their paid amount cannot be deposited to the FBR and they again had to make payments.

Computerised Payment Receipt (CPR) is a bank receipt reflecting payment details as also in the records of National Bank of Pakistan and the State Bank of Pakistan and there is limited scope for incorporation of changes once a CPR is generated, they said.

The FBR has allowed correction in the payment receipt to the extent of the National Tax Number (NTN), name of the taxpayer and changes in the tax period.

“This procedure has been devised in order to facilitate taxpayers, who by mistake have recorded incorrect tax period or cases where due to mistake of attorney or bank officials, the name / NTN of taxpayers has been recorded incorrectly,” the FBR said in a notification.

It said CNIC and affidavit of taxpayers are mandatory for applying for correction. “In case of the bank’s mistake, letter from the bank and affidavit from the taxpayer, submitting that amendment should be made in the CPR,” the FBR added.

The revenue board explained that in case of change of NTN on the CPR, where the two taxpayers, ie, one whose NTN is to be deleted from CPR and the other whose NTN is to be added, fall in the jurisdiction of different RTOs / LTUs, the matter would be forwarded to the designated officer of the FBR for the approval and necessary entry in the system. It said the procedure would be applicable on income tax, sales tax and federal excise duty.