In a bid to curb the ongoing rampant tax evasion, FBR has made binding on over 30 major manufacturing sectors to install electronic monitoring equipment at their premises to monitor real-time production. FBR has issued SRO 889 (I) 2010 to amend the Sales Tax Rules, 2006 in this regard. The manufacturers of over 30 major sectors are required to install “intelligent video analytics” at their premises for electronic monitoring of production on real-time basis. Manufacturing sectors include fruit juices, vegetable juices; ice cream; aerated waters or beverages among others.
22/9/2020