FBR to Introduce POS System for Mega Retailers Next Month

POS System

The federal board of revenue—FBR would be launching an automated Point of Sale (POS) system for all the mega-retailers and shopping malls for bringing them into the registration net.

This was mentioned by the FBR Chairman—Syed Shabbar Zaidi in a Twitter statement on Saturday.

He said that FBR would be launching the POS for all the large retailers from next month and has asked all the large-scale retailers to integrate with the system.

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He said that this would greatly assist such retailers as in such matters personal interaction with FBR would be minimised—which is a way forward.

Back in the month of October, the FBR chief had said that the tax body is seriously taking into consideration to install POS invoicing system at all the prominent private hospitals and medical centres.

He had said that a campaign for the same would start very soon. And added that the tax collection from such centres is disproportionate to the charges taken back from the patients.

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