AGL 37.50 Decreased By ▼ -0.08 (-0.21%)
AIRLINK 222.89 Increased By ▲ 0.46 (0.21%)
BOP 10.82 Decreased By ▼ -0.14 (-1.28%)
CNERGY 7.56 Decreased By ▼ -0.10 (-1.31%)
DCL 9.42 Decreased By ▼ -0.21 (-2.18%)
DFML 40.96 Decreased By ▼ -0.74 (-1.77%)
DGKC 106.76 Decreased By ▼ -3.99 (-3.6%)
FCCL 37.07 Decreased By ▼ -0.99 (-2.6%)
FFL 19.24 Increased By ▲ 0.95 (5.19%)
HASCOL 13.18 Decreased By ▼ -0.19 (-1.42%)
HUBC 132.64 Decreased By ▼ -2.32 (-1.72%)
HUMNL 14.73 Decreased By ▼ -0.86 (-5.52%)
KEL 5.40 Decreased By ▼ -0.16 (-2.88%)
KOSM 7.48 Increased By ▲ 0.07 (0.94%)
MLCF 48.18 Decreased By ▼ -2.15 (-4.27%)
NBP 66.29 Decreased By ▼ -0.18 (-0.27%)
OGDC 223.26 Decreased By ▼ -5.35 (-2.34%)
PAEL 43.50 Increased By ▲ 0.13 (0.3%)
PIBTL 9.07 Decreased By ▼ -0.23 (-2.47%)
PPL 198.24 Decreased By ▼ -4.89 (-2.41%)
PRL 42.24 Decreased By ▼ -0.62 (-1.45%)
PTC 27.39 Increased By ▲ 0.06 (0.22%)
SEARL 110.08 Increased By ▲ 3.06 (2.86%)
TELE 10.52 Increased By ▲ 0.74 (7.57%)
TOMCL 36.62 Decreased By ▼ -0.01 (-0.03%)
TPLP 14.95 Decreased By ▼ -0.28 (-1.84%)
TREET 26.53 Decreased By ▼ -0.26 (-0.97%)
TRG 68.85 Decreased By ▼ -1.30 (-1.85%)
UNITY 34.19 No Change ▼ 0.00 (0%)
WTL 1.79 Increased By ▲ 0.03 (1.7%)
BR100 12,363 Decreased By -32.9 (-0.27%)
BR30 38,218 Decreased By -629.2 (-1.62%)
KSE100 117,120 Increased By 111.6 (0.1%)
KSE30 36,937 Increased By 72.2 (0.2%)

KARACHI: The Sales tax registered taxpayers are encountering difficulties in obtaining biometric verification from NADRA e-Sahulat centres, as required under SRO 350(I)/2024.

According to SRO 350(I)/2024, issued on March 7, 2024, individuals, Association of Persons (AOPs), and single-member companies registered for sales tax must undergo annual biometric re-verification every July. However, taxpayers were informed by NADRA e-Sahulat centres that they were unable to process their requests due to integration issues with the FBR system, the complainants said.

They said that the common error message “CNIC does not exist” has left many taxpayers concerned about meeting the July 31, 2024 deadline. Failure to complete the verification process could result in inability to file monthly sales tax returns without obtaining permission from their respective jurisdiction’s Commissioner, they added.

While the business community generally supports the measure as a means to combat fake invoices and improve compliance, they highlighted several issues with the implementation.

FBR has addressed some concerns but further modifications are needed, they said and urged the board to resolve these technical issues promptly to ensure smooth compliance with the new regulations and avoid potential disruptions in tax filing processes.

Copyright Business Recorder, 2024

Comments

Comments are closed.

Zeenat Shaikh Jul 28, 2024 06:22am
Why FBR did not evaluate these problems before implementing the new royal orders?
thumb_up Recommended (0)
Imran Jul 29, 2024 08:56pm
Fbr registered
thumb_up Recommended (0)