{"id":87035,"date":"2022-07-01T15:21:34","date_gmt":"2022-07-01T10:21:34","guid":{"rendered":"https:\/\/www.zameen.com\/news\/?p=87035"},"modified":"2022-07-01T15:21:36","modified_gmt":"2022-07-01T10:21:36","slug":"fbr-track-trace-system-cement-sector","status":"publish","type":"post","link":"https:\/\/www.zameen.com\/news\/fbr-track-trace-system-cement-sector.html","title":{"rendered":"FBR notifies &#8216;Track &amp; Trace\u2019 system for cement sector"},"content":{"rendered":"\n<p>Islamabad: The Federal Board of Revenue (FBR) on Thursday (June 30) notified the \u2018Track &amp; Track\u2019 system for the cement sector, news sources reported. The system will start working from October 1 after the release of the notification.\u00a0\u00a0\u00a0\u00a0<\/p>\n\n\n\n<p><strong>Read:<\/strong> <a href=\"https:\/\/www.zameen.com\/news\/miftah-realtors-tax-relief-fbr.html\" data-type=\"post\" data-id=\"86823\" target=\"_blank\" rel=\"noreferrer noopener\">Miftah assures realtors of tax relief, special provisions under FBR<\/a><\/p>\n\n\n\n<p>As per the notification, the industries would have four months to comply. The Electronic Monitoring System will be installed as part of the system to track the legal production and sale of items on all manufacturing sites.&nbsp;<\/p>\n\n\n\n<div class=\"wp-block-file\"><a href=\"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2022\/07\/20226281065819253STGO19of2022.pdf\">20226281065819253STGO19of2022<\/a><a href=\"https:\/\/news-cdn.zameen.com\/wp-content\/uploads\/2022\/07\/20226281065819253STGO19of2022.pdf\" class=\"wp-block-file__button\" download>Download<\/a><\/div>\n\n\n\n<p><strong>Read:<\/strong> <a href=\"https:\/\/www.zameen.com\/news\/fbr-automated-cash-declaration-system.html\" data-type=\"post\" data-id=\"83601\" target=\"_blank\" rel=\"noreferrer noopener\">FBR introduces \u2018Automated Cash Declaration System\u2019 to track currency circulation<\/a><\/p>\n\n\n\n<p>Following approval from the FBR, the Inland Revenue-Operations (IRO) department issued a notification stating that \u2018no cement bag will be allowed to be removed from a production site, factory, or manufacturing plant, or import station\u2019 without affixation of tax stamps\/unique identification markings with effect from October 1, 2022\u2019.<\/p>\n\n\n\n<p><strong>Read:<\/strong> <a href=\"https:\/\/www.zameen.com\/news\/fbr-high-6000-tax-fy-2021-22.html\" data-type=\"post\" data-id=\"86958\" target=\"_blank\" rel=\"noreferrer noopener\">FBR collects historic high PKR 6,000 bn tax in FY 2021-22<\/a>\u00a0<\/p>\n\n\n\n<p>The notification further said that the marks are available from the FBR or an FBR licensee. As per the FBR, notice is issued to improve revenue generation through sales tax and document production capacity.&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Islamabad: The Federal Board of Revenue (FBR) on Thursday (June 30) notified the \u2018Track &amp; Track\u2019 system for the cement sector, news sources reported. The system will start working from October 1 after the release of the notification.\u00a0\u00a0\u00a0\u00a0 Read: Miftah assures realtors of tax relief, special provisions under FBR As per the notification, the industries would have four months to comply. The Electronic Monitoring System will be installed as part of the system to track the legal production and sale of items on all manufacturing sites.&nbsp; Read: FBR introduces \u2018Automated Cash Declaration System\u2019 to track currency circulation Following approval from the FBR, the Inland Revenue-Operations (IRO) department issued a notification stating that \u2018no cement bag will be allowed to be removed from a production site, factory, or manufacturing plant, or import station\u2019 without affixation of tax stamps\/unique identification markings with effect from October 1, 2022\u2019. Read: FBR collects historic high PKR 6,000 bn tax in FY 2021-22\u00a0 The notification further said that the marks are available from the FBR or an FBR licensee. As per the FBR, notice is issued to improve revenue generation through sales tax and document production capacity.&nbsp;<\/p>\n","protected":false},"author":84,"featured_media":75334,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[15013],"tags":[52980,52977,52979,52978],"persona":[],"class_list":{"0":"post-87035","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-construction","8":"tag-fbr-cement-industry","9":"tag-fbr-notifies-track-amp-trace-system-for-cement-sector","10":"tag-fbr-taxes","11":"tag-fbr-track-and-trace-ssytem","12":"cat-15013-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 notifies &#039;Track &amp; Trace\u2019 system for cement sector - Zameen News<\/title>\n<meta name=\"description\" content=\"Islamabad: The Federal Board of Revenue (FBR) on Thursday (June 30) notified the \u2018Track &amp; 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