
The federal government has given traders a seven-month reprieve for real-time electronic transmission of sales tax invoices to the Federal Board of Revenue (FBR) system, which addresses one of the main requests of the business sector.
On Friday, the FBR published a new notification that changed its own previous April order, with new deadlines for businesses to register and test hardware and software integration with the tax authority's computerised system.
As part of the new schedule, businesses now have until December 1, 2025, to fully integrate and issue electronic invoices.
The extension provided businesses with a seven-category assignment instead of the two originally established by the FBR's April notice.
Notably, the phased deadlines require complete integration by September 1, 2025, for public sector companies, importers, and businesses with an annual revenue in excess of Rs1 billion.
Companies with annual revenues between Rs100 and Rs1 billion have until November 1, 2025, to integrate, while all smaller businesses or associations of persons must do so by December 1, 2025.
The four contractors through which integration will be performed are Haball Limited, Webdnworks Private Limited, EY Ford Rhodes, and Pakistan Revenue Automation Limited (PRAL), which is the FBR's technology organisation.
Only licensed integrators can configure software for electronic invoicing, with the government capping costs at Rs10 per invoice or Rs1 million in total.