FBR Digital Invoicing System: FMCG SECTOR
The Federal Board of Revenue, under S.R.O.Y (I)12024, exercises authority granted by section 50 of the Sales Tax Act, 1990. Through Notification No. 1525(1) /2023 dated November 10, 2023, and pursuant to rule 150Q, the FBR mandates electronic transmission of sales tax invoices. Effective from February 1, 2024, this notification applies to specific entities engaged in the supply chain of fast-moving consumer goods.
The designated entities encompass all importers and manufacturers of fast-moving consumer goods, wholesalers (including dealers) and distributors of such goods, along with wholesaler-cum-retailers involved in bulk import and supply to retailers.
FMCG sector will register their system using eFBR portal by providing the required data.
Find out more about our most advanced & comprehensive FMCG Sector Digital Invoicing System with FBR integration and ERP software that gives your supply chain management team a thorough, real-time view of company operations, while supporting data sharing with FBR API Version 1.1. Our system supports all types of SALE TYPE, SCHEDULE CODES, UOM CODES and HS CODES reporting as required in FBR technical specification for 100 % Compliance.
This FBR Digital Invoicing System - FMCG Sector is a robust solution for FMCG Businesses with modules like Procurement, Order processing, Warehouse Management, Production, SCM, Payroll, Omni-Channel Retail, and much more.
Request a demo for your business today and speak to one of our sales advisor.
