Business

FBR to Provide Free POS Software Integration Service to Retailers Through PRAL

Pakistan Revenue Automation Limited (PRAL), the IT arm of the FBR, will provide free-of-cost integration services to registered persons including retailers for integration with the Federal Board of Revenue (FBR).

In this regard, the FBR has issued a notification on Wednesday. Under the new procedure, the PRAL will act as a licensed integrator for the purpose of point of sales (POS) system.

Whereas the already licensed private company (licensee) shall charge a fee for configuration and integration of electronic invoicing software or point of sale software from the integrated persons not above the threshold as may be specified by the FBR, FBR notification added.

Ad Powered By Advergic
Loading ad . . .
Ad - Continue scrolling to read

The “FBR’s notification said, “Notwithstanding the provisions of rules l50XH, l50XI, sub-rule (2) of rule l5OXJ and l50XK,  PRAL shall act as licensed integrator for the purposes of rules l50XE, sub-rule (1) of rule l50XJ and rule 150XL.

The PRAL shall provide free-of-cost integration services to the registered persons on demand, FBR said.

The PRAL, as and when required by the Board, shall provide a free-of-cost downloadable electronic invoicing software or point-of-sales software on the Board’s official website.

The licensee shall charge a fee for the configuration and integration of electronic invoicing software or point-of-sale software from the integrated persons not above the threshold as may be specified by the Board through a sales tax general order. No fee shall be payable by the Board and any of its field formations, the FBR’s notification added.

Stay Connected with ProPakistani

Get the latest business news, market insights, and economic updates wherever you prefer.

Add ProPakistani to Preferred Sources and see more of our stories in Google Search and Top Stories.

Share
Published by
ProPK Staff