Another opportunity by FBR for big retailers to register

The Federal Board of Revenue has made it clear to all major retailers that the deadline for FBR to join the POS system is August 31, 2020.

A statement issued by the FBR said that all the major retailers whose chain stores are located in air-conditioned shopping malls across the country and whose electricity bill has exceeded Rs 1.2 million last year or the size of their shop, One thousand square feet or more, or retailers that import or supply large quantities of goods. All of them must connect all their retail centers to the POS system by August 31, 2020.