By The Punjab Revenue Authority (PRA) will fast-track the registration of new businesses and the installation of its Electronic Invoice Monitoring System (E-IMS) across 14 designated sectors. Firms that issue fake receipts or tamper with records will face strict action.
PRA Chairman Moazzam Iqbal Sipra announced the decision while chairing a performance review meeting of the Lahore and Rawalpindi Commissionerates. The meeting assessed operations and enforcement activities of the Commissionerates.
Sipra directed all Commissionerates to develop effective strategies for identifying new taxable services and bringing them into the tax net. Officers have been assigned specific E-IMS installation targets, and enforcement teams will be formed to increase registrations and installations.
He also ordered close monitoring of pending tax cases and timely recovery of outstanding dues. The chairman asked chambers of commerce and trade associations to help speed up the integration of businesses with E-IMS.
Sipra said firms found issuing fake receipts or manipulating records, even with E-IMS installed, would face strict action and a tax surcharge.
https://www.techjuice.pk/pra-to-fast-track-e-invoicing-system-across-14-business-sectors/
