Pakistan: All cement plants in Pakistan will have implemented systems for tracking taxable assets by 1 April 2023. The required upgrade comprises an applicator to generate and affix unique identification stamps on products for digital monitoring. The Business Recorder newspaper has reported that the Federal Board of Revenue initially set a deadline of 1 July 2022 for conformity with the new rules. Plant operators will bear the cost of licences for their new applicators.
All Pakistani cement plants to operate tax tracking systems before April 2023
URL: https://www.globalcement.com/news/item/15220-all-pakistani-cement-plants-to-operate-tax-tracking-systems-before-april-2023
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