FBR Allows Commissioner Inland Revenue to Condone Time Limits for Taxpayers

The Federal Board of Revenue (FBR) has empowered Commissioner-Inland Revenue (IR) to condone time limits specified under any of the provisions of the Sales Tax Act 1990 to resolve sales tax-related issues of taxpayers. The FBR issued S.R.O.1444(I)2024 here on Thursday to supersede notification No’ S.R.O. 394(l)2009. According to the notification, the FBR has empowered Commissioner-IR to have jurisdiction to condone time limits where any time or period has been specified under any of the provisions of the said Act or rules made thereunder. During this period, any application of taxpayer is to be made or any act or thing is to be done,  so that he may, in any case, or class or cases, permit such application to be made or such act or thing to be done within such time or period as he may consider appropriate. This is subject to the following limitations and conditions, namely:- The Commissioner-IR shall, not later than the seventh day of every month, furnish in soft form or otherwise to the concerned Chief Commissioner-IR a report of cases processed in the calendar month, on the specified format, FBR added.