Islamabad: The Federal Board of Revenue (FBR) has successfully registered over 12,000 Tier-1 retailers, including major shopping centres, textile and leather businesses, and restaurants, to its Digital Invoicing System (DIS), officials confirmed on Tuesday.
This move is part of Pakistan’s ongoing compliance with conditions set by the International Monetary Fund (IMF) and aims to improve transparency, prevent tax evasion, and enhance revenue collection.
According to the FBR, a total of 12,861 large retailers, operating through 35,761 branches, have now been connected to the Point of Sale (POS) system. The authority plans to register up to 40,000 Tier-1 retailers over the next two years.
Retailers with an annual turnover exceeding Rs500 million are required to join the DIS by the end of the current fiscal year. The system will transmit sales data directly to the FBR, with violations carrying penalties ranging from Rs500,000 to Rs3 million, or possible business closure.
The registration process has accelerated across various sectors, with around 1,000 large restaurants and 560 textile and leather businesses already linked to the system. Officials emphasized that this initiative is a key step toward real-time sales tax monitoring and digitisation of Pakistan’s formal economy.
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