Federal Board of Revenue (FBR) Chairman Shabbar Zaidi has announced that FBR will implement a fully automated ‘Track and Trace’… Read More
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Federal Board of Revenue (FBR) Chairman Shabbar Zaidi has announced that FBR will implement a fully automated ‘Track and Trace’ system for four major sectors, i.e, aerated beverages, sugar, cement and fertilizer during 2019-20.
According to a tweet by Shabbar Zaidi, FBR will be instituting a fully automated ‘Track and Trace’ system for sectors other tobacco as well.
FBR will be instituting within this financial year, fully automated ‘Track and Trace’ system’ for at least four major sectors of industry, in addition to tobacco, which is already in process. The industries under consideration are aerated beverages, sugar, cement and fertiliser.
— Syed Shabbar Zaidi (@ShabarZaidi) November 7, 2019
He further stated that the process of formation of joint committees of representatives of traders and FBR will be completed by the end of month.
The process of formation of joint committees of representatives of traders and FBR will be completed by the end of month. The job of these Committees will be registration of traders, dispute resolution and other functions as decided in the agreement with bodies of traders.
— Syed Shabbar Zaidi (@ShabarZaidi) November 7, 2019
These committees will assist in registering traders and resolve their disputes as well. Other than that, the committees will assist the traders as per the agreements and communicate with the trader bodies to implement FBR’s policies.
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08/11/2019 12:54 PM
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