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Having released two significant notifications at the end of 2023 requiring electronic sales tax invoices to be issued for fast-moving consumer goods, the Pakistan Federal Board of Revenue (FBR) released another notification on 10 January 2024, announcing that the implementation of e-invoicing would begin on 1 February 2024. (For more on the 2023 FBR notifications, see EY Global Tax Alert, Pakistan Federal Board of Revenue to require electronic invoices for some consumer goods, dated 4 January 2024.)
However, to date, the FBR has yet to approve any software providers for this purpose. As a result, businesses that are required to issue e-invoices must currently apply for extensions.
Contact Information
For additional information concerning this Alert, please contact:
EY Ford Rhodes, Karachi
- Haider Ali Patel
- Salman Haq
- Muhammad Saleem
EY Ford Rhodes, Lahore & Islamabad
- Muhammad Awais
- Aamir Younas
Published by NTD’s Tax Technical Knowledge Services group; Carolyn Wright, legal editor
For a full listing of contacts and email addresses, please click on the Tax News Update: Global Edition (GTNU) version of this Alert.