FBR’s Latest Enforcement Drive
In a rigorous campaign to curb tax evasion, the Federal Board of Revenue (FBR) sealed over 30 shops in Karachi for violating Point of Sale (POS) and tax compliance rules. The operations were conducted by the Regional Tax Office Zone-I from January 1 to January 3, targeting various commercial areas across the city.
Shops Targeted for Non-Compliance
The campaign involved notable actions in key business hubs:
- On M.A. Jinnah Road, two medical and surgical stores were sealed for evading POS integration.
- A paint shop was shut down for failing to align with POS system requirements.
- In Saddar and Clifton, two bakery and sweet shops faced closures for similar violations.
- A prominent showroom on Khalid Bin Waleed Road was penalized for not issuing POS receipts.
Penalties and Financial Recoveries
The FBR imposed fines totaling Rs25 million during the three-day campaign. The Regional Tax Office emphasized that these actions aim to bring non-compliant businesses under the tax net while promoting adherence to POS invoicing systems.
History of Crackdowns
Earlier, on November 22, the FBR Islamabad office sealed five major restaurants for issuing fake invoices. Citizens had reported fraudulent receipts, prompting the authority to use advanced POS tracking tools to verify inauthenticity.
These restaurants faced a combined penalty of Rs1.5 million. The crackdown reinforces the FBR’s commitment to ensuring transparency and accountability in the retail and service sectors.
