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FBR issues stern warning to IR field formations
ISLAMABAD: The Federal Board of Revenue (FBR) has issued a stern warning to the Inland Revenue field formations to avoid harassment to the taxpayers and only check/verify whether the required retail price has been printed/embossed on the goods specified in the Third Schedule to the Sales Tax Act. The FBR has issued instructions to the Inland Revenue field formations to strictly follow a new procedure during checking of goods in transit to ensure the smooth and unhindered movement of goods. However, goods specified in the Third Schedule to the Sales Tax Act may be checked solely to verify wheth...
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