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Pakistan Requires Electronic Transmission of Sales Tax Invoices by FMCG Sector

13 February 2024

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Approved Changes

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Pakistan

The Pakistan Federal Board of Revenue issued Notification SRO 28(I)/2024 on 10 January 2024, requiring registered persons in the fast-moving consumer goods sector to transmit sales tax invoices electronically with effect from 1 February 2024. In particular, this includes the following: all importers and manufacturers of fast-moving consumer goods, all wholesalers (including dealers) and distributors of fast-moving consumer goods; and all wholesaler-cum-retailers engaged in bulk import and supply of fast-moving consumer goods on a wholesale basis to retailers. Registered persons may, after showing plausible cause, apply for an extension in the time to comply.