Pakistan: Guidance regarding electronic transmission of sales tax invoices
The tax authority issued guidance regarding electronic transmission of sales tax invoices.
The tax authority issued guidance regarding electronic transmission of sales tax invoices.
The tax authority notified (via SRO 1525-DI/2023 dated 12 December 2023) all importers, manufacturers, wholesalers (including dealers), and distributors of fast-moving consumers goods that they must electronically transmit business-to-business (B2B) sales tax invoices, as part of the sales tax real-time invoice verification (STRIVE) system introduced in 2016.
In addition, the tax authority extended (via SRO 1788(I)/2023 dated 11 December 2032) the rules requiring persons providing software integration services to Tier-1 retailers to obtain a license to those providing such services to any registered person.
Read a January 2024 report [PDF 186 KB] prepared by the KPMG member firm in Pakistan
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