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January 4, 2020

Point of Sale software: FBR directs chief commissioners to speed up drive

National

January 4, 2020

ISLAMABAD: After showing displeasure by Adviser to PM on Finance over slow pace of placement of Point of Sale (POS) software machines at tier-1 retail stores, the FBR has directed all Chief Commissioners to accelerate installments on mega shopping malls.

The FBR has directed all Chief Commissioners across the country to share weekly performance report with Board’s Headquarters on prescribed format. The FBR’s Regional Taxpayer Office (RTO) Islamabad undertook success campaign for installing POS at posh markets including restaurants and shopping malls on New Year night. The FBR has created a deterrence and now the tier-1 retailers were showing willingness to install POS at all desired mega shopping malls and restaurants. Now there is need to replicate the strategy of RTO Islamabad in other parts of the country.

According to official communication sent out by the FBR’s headquarters to all Chief Commissioners stating that Special Adviser to PM on Finance and Revenues held meeting with the FBR high-ups on January 1, 2020. During this meeting, the adviser to PM on Finance has shown serious concerns with regard to slow pace of registration of traders in the POS Integration exercise. After deliberations, it has been decided that the field formations will take affirmative actions on immediate basis and communicate the compliance to FBR through return fax. To share the updated position, the field formations were instructed to provide information on prescribed format that should be comprised of name of market/area, total number of traders, registered with FBR’s POS system, actions taken against non-compliance and finally outcome of affirmative steps taken.

The FBR instructed the field formations to send enforcement teams in the markets and enforce forcibly registration in non-compliant traders. The FBR logo to be enforced on those retail outlets which are integrated in the system (soon to be shared on FBR’s website). The FBR instructed the field offices to launch media campaign through public notices, advertisements against the non-compliant retailers/traders.