The Federal Board of Revenue (FBR) has made it mandatory for manufacturers to install “intelligent video analytics” at their premises so as to ensure electronic monitoring of production.
According to an SRO issued on Monday, “The FBR is pleased to direct amendments in Sales Tax Rules 2006, wherein it has inserted a new chapter XIV-BA after XIV-B under sub-chapter 1 preliminary. The provision of this chapter shall apply to video surveillance for electronic monitoring of production on a real-time basis.”
The FBR will issue a separate notification to specify the deadline for vendors to install the video surveillance equipment at the manufacturing premises.
It is to be noted that almost all manufactures of items sold in retail packing or sold in the basis of printed retail price are covered under the new procedure of the FBR.