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FBR makes major changes in IRIS system
ISLAMABAD: The Federal Board of Revenue (FBR) has introduced a new facility in its IRIS system allowing taxpayers to amend or cancel electronic sales tax invoices even after expiry of the prescribed 72-hour time limit, subject to prior approval of the concerned Commissioner Inland Revenue (CIR). According to a user manual issued by Pakistan Revenue Automation (Private) Limited (PRAL) on Thursday, the new functionality has been introduced to facilitate taxpayers in correcting errors or discrepancies identified in electronic sales tax invoices after the expiry of the system-prescribed 72-hour pe...
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