Loading...

Javid Law Associates
News

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

5 min read
Legal Expert
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. 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.
Share:

About the Author

Written by the expert legal team at Javid Law Associates. Our team specializes in corporate law, tax compliance, and business registration services across Pakistan.

Verified Professional 25+ Years Experience
Legal Experts Online

Need Expert Legal Counsel?

Free Session Secure & Private

Typical response time: Under 5 minutes