Traders introduced to ‘Track and Trace’ system
Installation of the track and trace system is one of the over two-and-a-half dozen conditions that the IMF has imposed on Pa-kistan for the revival of the $6 billion deal. PHOTO: FILE
Regional Tax Office Chief Commissioner Dr Faheem Muhammad held a meeting with representatives of the traders’ association and tax authorities at the FBR Sargodha office on Saturday, where they were informed about the Track and Trace System (TTS).
The Chief Commissioner informed the trading community that the TTS had been enforced on cigarettes, sugar and urea and were warned several times against buying or selling goods without tax stickers.
Checking will start soon and if any non-tax paid goods are found at any trader’s shop or warehouse, they will be arrested and fined, he warned.
Read: Enforcement of track & trace system stressed
The chief commissioner urged traders to use their influence in the markets to create awareness about the system so that traders do not buy or sell non-tax paid goods.
The representatives of the traders’ association assured the official of their complete cooperation in this regard.
Published in The Express Tribune, February 4th 2024.