Federal Board of Revenue Chairman Syed Shabbar Zaidi on Tuesday inaugurated a new software called ‘Centralized Sales Tax & FED Assessment & Processing (CSTAP)’ to effectively monitor the sales tax returns.
The software, inaugurated at the FBR Headquarters, was developed by the IR-Operations Wing of FBR. The purpose of the software is to identify the tax gaps and to determine actual sales tax/ FED liabilities of all taxpayers.
The FBR chairman on the occasion was given a live demonstration on the working and application of the new software by IR-Operations Member Seema Shakeel. She said the software will also be used for the purpose of expeditious processing of refund claims.
The FBR chairman was informed that the first batch of 25 officers from field formations has been given a task to test run this project form 11th September. After the successful test run of this project, the same shall be made available to all field formations throughout the country.