KARACHI: The Karachi Tax Bar Association (KTBA) has formally requested the Federal Board of Revenue (FBR) to extend the deadline for implementing sales tax e-invoicing and integration with the FBR's computerized platform. In a letter addressed to FBR Chairman Mr. Rashid Mahmood Langrial, KTBA President Ali A. Rahim and Honorary General Secretary Shams Mohiuddin Ansari highlighted the practical challenges faced by taxpayers in meeting the notified deadlines of July 1, 2025, for corporate taxpayers and August 1, 2025, for non-corporate taxpayers.
The KTBA cited technical complexities, awareness issues, and insufficient licensed integrators as major hurdles in the implementation process. Despite the FBR's efforts towards digitization, the progress has been slow, with only a small fraction of taxpayers successfully integrating their systems. The association emphasized that transitioning to a system-based invoicing framework requires extensive awareness, training, and technical adjustments, necessitating adequate time for testing and validation.
In light of these constraints, the KTBA has requested the FBR to extend the deadline by at least three months to ensure orderly compliance without undue disruption to businesses. The association trusts that the FBR will consider this request sympathetically to facilitate a smooth and hassle-free transition for all stakeholders.
The KTBA's request underscores the need for a pragmatic approach to implementing tax reforms, ensuring that taxpayers have sufficient time and resources to comply with new regulations. The association's efforts aim to promote a collaborative and facilitative tax environment, ultimately contributing to the growth and development of the country's economy.
