Federal Board of Revenue (FBR) Chairman Shabbar Zaidi has announced that FBR will implement a fully automated ‘Track and Trace’ system for four major sectors, i.e, aerated beverages, sugar, cement and fertilizer during 2019-20.
According to a tweet by Shabbar Zaidi, FBR will be instituting a fully automated ‘Track and Trace’ system for sectors other tobacco as well.
He further stated that the process of formation of joint committees of representatives of traders and FBR will be completed by the end of month.
These committees will assist in registering traders and resolve their disputes as well. Other than that, the committees will assist the traders as per the agreements and communicate with the trader bodies to implement FBR’s policies.