New FBR Digital Portal for Point-of-Sale (POS) and E-Invoicing Licenses

New FBR Digital Portal for Point-of-Sale (POS) and E-Invoicing Licenses

The Federal Board of Revenue (FBR) in Pakistan has launched a new digital portal for IT companies involved in Point-of-Sale (POS) and e-invoicing systems. This article explains the purpose of the portal and who needs to use it.

Who Needs This Portal?

• This portal is specifically designed for IT companies operating in Pakistan.
• It caters to companies that develop, install, and integrate POS or e-invoicing systems for businesses within Pakistan.

What Does the Portal Do?

• The portal allows these IT companies to apply for a mandatory license from the FBR.
• Prior to this, FBR issued SRO, making it necessary for all IT companies installing and integrating POS systems in Pakistan to obtain a license.
• This license ensures proper integration with the FBR system for improved monitoring and transparency.

Benefits of the Portal:

• Streamlines the application process for obtaining a POS/e-invoicing license.
• Eliminates the need for manual application submissions and deposits.
• Provides a user-friendly platform for tracking application status and responding to inquiries.

How to Use the Portal:

• Access the "Digital Initiatives Portal" tab on the FBR website.
• Three main tabs are available:Application: Submit a new license application with supporting documents.Dashboard: Track application status, view approvals/objections.
• Case Management: Respond to FBR queries related to your application.

Conclusion:

This new digital portal simplifies the process for IT companies involved in POS and e-invoicing systems in Pakistan. By obtaining the mandatory license, these companies contribute to a more transparent and accountable business environment.

This article was published at New FBR Digital Invoicing Portal: Streamlined Licensing for IT Companies.