The Federal Board of Revenue (FBR) has allowed retailers of textile and leather sectors to register their point of sales (POS) to avail reduced rate of sales tax.The FBR has offered retailers to register their outlets and link with FBR online system for real-time checking of sales and purchases, and avail sales tax rate at six percent instead of nine percent.The scheme was introduced through SRO 1360(I)/2018 for the supplies of finished fabric and locally manufactured finished articles of textile and textile made-ups and leather and artificial leather under SRO 1125(I)/2011 dated December 31, 2011.

AN OVERVIEW

• Install and Register each Point of Sale (POS) in FBR’s Computerized system from where to upload the data.
• Download and Install the software items from the FBR’s website
• Download and Install the software on the Retailers point of Sale computer.
  
• Taxpayer’s POS will be integrated with FBR’s software.
  

Previously the taxpayers, after the registration, were required to upload past data of sales starting from July 1, 2018. Through latest notification, the FBR allowed to upload past data within two months instead of previously allowed 15 days.The FBR said registered persons were required to install such fiscal electronic device and software, as approved by the FBR for configuration and integration.
According to the new integrated system, suppliers would notify the FBR, through the computerized system, of all their outlets from which they intended selling the supplies subject to lower rate, and the integrated supplier should register each POS to activate the integration.

The following brands have been registered with POS (Point of Sale) system of FBR,

1-SERVICE INDUSTRIES LTD
2-NISHAT (CHUNIAN) LIMITED
3-HOUSE OF ITTEHAD (PRIVATE) LIMITED
4-AL-KARAM TEXTILE MILLS (PRIVATE) LIMITED
5-GUL AHMED TEXTILE MILLS LIMITED
6-TRI-STAR POLYESTER LIMITED
7-BATA PAKISTAN LIMITED
8-LAKHANY SILK MILLS (PRIVATE) LIMITED
9-FIRHAJ FOOTWEARS (PRIVATE) LIMITED
10-SERVICE SALES CORPORATION (PVT) LIMITED
11-SHAPAR PVT LTD
12-BORJAN (PRIVATE) LIMITED
13-FAMOUS BRANDS (PRIVATE) LIMITED
14-URBAN SOLE
15-KHAWAJA TANNERIES (PRIVATE) LIMITED
16-SEFAM (PVT) LTD
17-THREE STARS HOSIERY MILLS (PRIVATE) LIMITED
18-NISHAT MILLS LIMITED
19-SHOE PLANET (PRIVATE) LIMITED
20-TIMES CLOTHING PVT LIMITED
21-CAMBRIDGE GARMENT INDUSTRIES (PRIVATE) LIMITED
22-GENERATION (PRIVATE) LIMITED
23-KAMAL LIMITED
24-NISHAT LINEN (PRIVATE ) LIMITED
25-MISHA FASHIONS (PVT.) LIMITED
26-HUSSAIN MANUFACTURING (PVT.) LIMITED
27-RETAIL AVENUE (PVT.) LIMITED
28-M/S. AKAZ BRANDS (PVT.) LIMITED
29-LOFT COMMERCIALS LIMITED
30-NASEEM ENTERPRISES & TRADING (PRIVATE) LIMITED
31-AL-RAZZAQ FIBRES (PVT.) LIMITED
32-OUTFITTERS STORES
33-THE OAKS PAKISTAN PVT LTD
34-SAPPHIRE RETAIL LIMITED
35-SSFR (PVT.) LIMITED
36-KHAADI (SMC-PVT.) LIMITED
37- URBAN BRANDS
38-LEVI STRAUSS PAKISTAN (PRIVATE) LIMITED
39-RAFUM INDUSTRIES (PVT.) LIMITED
40-AMIR KAMAL
41-SHEIKHUPURA TEXTILE MILLS LIMITED
42-IBL IDENTITY (PRIVATE) LIMITED
43-SANAULLA TEXTILE MILLS
44-MRS FARNAZ AHMAD
45-SAID AHMED BRANDS (PRIVATE) LIMITED
46-HIGHPOINT VENTURES (PRIVATE) LIMITED
47-SANAULLA LONGFU TEXTILE (PVT.) LIMITED
48-S-LUXE (PRIVATE) LIMITED

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