ISLAMABAD: The Federal Board of Revenue (FBR) has allotted instructions for licensing of IT Service Providers, interpreting IT services to retailers experiencing integration with FBR vide SRO 1063 (I)/2021.
The operationalization of licensing rule might yield some time to complete the licensing procedure, said a press release issued by FBR.
In order to ease the retailers and with unified integration, the present IT service providers will remain to offer services to their customers till such time the Board advises the licensed IT service providers.
Earlier, Federal Board of Revenue (FBR) in its drive to integrate Tier-1 Retailers across the country, has issued Sales Tax General Order No.2 of 2022 by which a system-based approach has been adopted to integrate Non-Integrated Tier-1 Retailers with effect from 1st August 2021.
