FBR Resolves Issue of Credit Notes
The Federal Board of Revenue has clarified that the issue of credit notes has been resolved.
The Federal Board of Revenue (FBR) has clarified that the issue of credit notes has been resolved. Therefore, all Sales Tax registered persons, especially importers and retailers, are encouraged to file their pending Sales Tax Returns if any, without further loss of time.
The country’s premier revenue collection organization has also reiterated that it strongly believes in taxpayers’ facilitation.
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FBR has already taken a number of innovative measures both at the policy and operational levels to ensure ease of doing business and thus promote a culture of tax compliance in the country.