{"id":63605,"date":"2020-04-04T10:13:00","date_gmt":"2020-04-04T05:13:00","guid":{"rendered":"https:\/\/www.zameen.com\/news\/?p=63605"},"modified":"2020-04-03T16:14:29","modified_gmt":"2020-04-03T11:14:29","slug":"fbr-extends-pos-integration-deadline-retailers","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/fbr-extends-pos-integration-deadline-retailers.html","title":{"rendered":"FBR extends POS integration deadline for retailers amid novel coronavirus outbreak"},"content":{"rendered":"\n<p>Islamabad: The Federal Board of Revenue (FBR) announced an extension in the deadline for tier-1 retailers to integrate Point of Sales (<a rel=\"noreferrer noopener\" aria-label=\"POS (opens in a new tab)\" href=\"https:\/\/www.zameen.com\/news\/fbr-broaden-tax-base-mega-retailers-using-pos-system.html\" target=\"_blank\">POS<\/a>) system with the board\u2019s central online platform \u2013 in view of the novel coronavirus outbreak in the country, according to news sources.<\/p>\n\n\n\n<p> <strong>Read:<\/strong> <a href=\"https:\/\/www.zameen.com\/news\/fbr-requests-partial-exemption-from-lockdown-to-maximize-revenue-collection.html\" target=\"_blank\" rel=\"noreferrer noopener\" aria-label=\"FBR requests partial exemption from lockdown to maximize revenue collection (opens in a new tab)\">FBR requests partial exemption from lockdown to maximize revenue collection<\/a><\/p>\n\n\n\n<p>The previously communicated\ndeadline for big retailers to install the said system was March 30, which has\nnow been extended to April 30. The initial deadline given to the tier-1\nretailers was December 15, 2019.<\/p>\n\n\n\n<p>After the spread of CODI-19 pandemic, the government implemented a partial lockdown under which all major shopping malls were closed for operation. In most domestic markets, the only shops still operating are grocery, fruit\/vegetable, and pharmacies.<\/p>\n\n\n\n<p>  <strong>Read:<\/strong>  <a href=\"https:\/\/www.zameen.com\/news\/fbr-directed-to-clear-refunds-to-provide-relief-to-smes.html\" target=\"_blank\" rel=\"noreferrer noopener\" aria-label=\"FBR directed to clear refunds to provide relief to businesses struggling with COVID-19 (opens in a new tab)\">FBR directed to clear refunds to provide relief to businesses struggling with COVID-19<\/a><\/p>\n\n\n\n<p>The official notification issued\nby the authority stated that the tier-1 retailers will send a written\nwillingness to integrate their POS to their regional tax officers (RTOs) and\nLarge Taxpayer Units (LTUs) until April 20 to avail this extension.<\/p>\n\n\n\n<p>Furthermore, the FBR has also\ndelayed its decision to extend the scope of POS to pharmacies and hospitals\nacross the country.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Islamabad: The Federal Board of Revenue (FBR) announced an extension in the deadline for tier-1 retailers to integrate Point of Sales (POS) system with the board\u2019s central online platform \u2013 in view of the novel coronavirus outbreak in the country, according to news sources. Read: FBR requests partial exemption from lockdown to maximize revenue collection The previously communicated deadline for big retailers to install the said system was March 30, which has now been extended to April 30. The initial deadline given to the tier-1 retailers was December 15, 2019. After the spread of CODI-19 pandemic, the government implemented a partial lockdown under which all major shopping malls were closed for operation. In most domestic markets, the only shops still operating are grocery, fruit\/vegetable, and pharmacies. Read: FBR directed to clear refunds to provide relief to businesses struggling with COVID-19 The official notification issued by the authority stated that the tier-1 retailers will send a written willingness to integrate their POS to their regional tax officers (RTOs) and Large Taxpayer Units (LTUs) until April 20 to avail this extension. Furthermore, the FBR has also delayed its decision to extend the scope of POS to pharmacies and hospitals across the country.<\/p>\n","protected":false},"author":75,"featured_media":59990,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[15015,15017],"tags":[25107,25108],"persona":[],"class_list":{"0":"post-63605","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-legal-taxation","8":"category-notices-announcements","9":"tag-fbr-extends-pos-integration-deadline-for-retailers-amid-novel-coronavirus-outbreak","10":"tag-point-of-sales-pos","11":"cat-15015-id","12":"cat-15017-id"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>FBR extends POS integration deadline for retailers - Zameen News<\/title>\n<meta name=\"description\" content=\"FBR announced an extension in the deadline for tier-1 retailers to integrate Point of Sales (POS) system with the board\u2019s central online platform\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.zameen.com\/news\/fbr-extends-pos-integration-deadline-retailers.html\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"FBR extends POS integration deadline for retailers - Zameen News\" \/>\n<meta property=\"og:description\" content=\"FBR announced an extension in the deadline for tier-1 retailers to integrate Point of Sales (POS) system with the board\u2019s central online platform\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.zameen.com\/news\/fbr-extends-pos-integration-deadline-retailers.html\" \/>\n<meta property=\"og:site_name\" content=\"Pakistan Real Estate News &amp; 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