KARACHI: State Bank of Pakistan (SBP) has issued procedure for electronic collection of duty and taxes through ATM or Internet banking.
The SBP said that the customers shall fill their tax payment details in FBR (IRIS) and Customs (WeBOC) to generate PSID (payment slip ID). The PSID so generated shall then be used to access the tax payment details of the customer on the banks’ webpage or ATM as the case may be.
The customer shall then pay the tax by debiting his/her bank account for onward credit to the respective government account in SBP BSC.
Initially the online tax payment facility shall be made available for all FBR (Inland Revenue and Customs) taxes including income tax, sales tax, excise duty and custom duty. Subsequently the online collection facility will be extended to other Government entities and provincial governments as well. This shall be an additional option for payment of taxes as the existing tax payment facility at SBP BSC offices in fifteen cities and NBP branches across the country would remain available.
Stepwise Process Flow
- The taxpayer will access systems of FBR (IRIS) or Customs (WeBOC) and fill his / her tax payment details to generate PSID (payment slip ID) for onward usage.
- For tax payment, taxpayer will visit ATM or Internet Banking Portal and inputs his / her PSID generated in step 1 to fetch the tax payment details. After authentication of the payment details of taxpayer or his / her agent as the case may be, confirms the payment of tax.
- Accordingly taxpayer’s account is debited for onward credit to Government Account at SBP BSC Office through 1link system.
- As soon as the taxpayer’s account is debited, 1link system will generate a message for WeBoc or IRIS systems that payment against the PSID has been received.
- For confirmation, taxpayer may view electronic display of payment confirmation on screen of ATM or Internet Banking Portal; bank may also send SMS to taxpayer.
- 1Link will prepare MT-202 files (bank-wise) for settlement through RTGS.
- Simultaneously 1Link will also prepare a detailed report / file of individual transactions containing PSID wise detail of taxes collected through its system.
- Files of MT-202 messages and individual transactions will be fetched from 1links secured FTP and then posted for settlement in RTGS and SBP’s Core Banking system respectively.
- Reports from Core Banking system based on unique transaction IDs (e-CPR) mapped with PSIDs of IRIS or WeBOC systems will be uploaded at Data Acquisition Portal (DAP) of SBP.
- FBR’s IRIS and Customs WeBOC systems will fetch the respective reports from DAP for onward uploading in their System.
- Accordingly e-CPR / unique transaction ID will be available to the taxpayers through FBR’s systems i.e. IRIS and WeBOC.
