📌 Key Highlights & Quick Takeaways:
- The Federal Board of Revenue (FBR) has decided to monitor the production and sale of tea and electronically monitor the production of packag.
- FBR has directed all manufacturers and packers to install the system by December 10. Applicable to all types of packaged tea including black.
- In this regard, the Federal Board of Revenue has issued a Sales Tax General Order through which the Federal Board of Revenue (FBR) has manda.
The Federal Board of Revenue (FBR) has decided to monitor the production and sale of tea and electronically monitor the production of packaged tea to prevent tax evasion by mandating machine-readable barcode on every retail pack of tea.
FBR has directed all manufacturers and packers to install the system by December 10. Applicable to all types of packaged tea including black tea, green tea, flavored tea, tea bags, instant tea, tea extract and various premixes containing tea.
In this regard, the Federal Board of Revenue has issued a Sales Tax General Order through which the Federal Board of Revenue (FBR) has mandated electronic monitoring of production of packaged tea and directed all registered establishments engaged in manufacturing, blending and retail packing of tea across the country, including toll and contract packers, to install and activate the prescribed electronic production monitoring system.
The new guidelines issued to packaged tea manufacturing and packaging companies state that separate barcodes for each brand, weight and packaging of tea must be registered, production and packaging data of tea will be immediately transferred to FBR, registration of new or changed packages must be done 7 days prior to packaging.
According to the Sales Tax General Order, tea packaging companies will have to install a monitoring system by December 10, manual packaging companies will also have to arrange for scanning, while removing, hiding or changing barcodes has been banned.
