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Home » Karachi

FPCCI says CNIC/NTN Condition under SRO 821I/2011 relaxed

February 2, 2012

Karachi: Shaikh Shakeel Ahmed Dhingra Vice President FPCCI Elect & Chairman FPCCI Standing Committee on Liaison with Federal Board of Revenue FBR Thursday said FBR accepting long outstanding demand of FPCCI, has relaxed condition of providing NTN/CNIC number of unregistered buyers/ sellers in monthly sales tax return submitted by registered persons. The notification to this effect would be issued on February 3, 2012.

He said FPCCI, since issuance of SRO 821I/2011 on September 6, 2011, under leadership of Senator Haji Ghulam Ali, President FPCCI, has been collectively striving hard for relaxing condition of mentioning NTN/CNIC number in sales tax return submitted by RPs, as it was practically not possible keeping in view of ground realities prevailing in the country such as non-tax culture, low literacy rate etc.

Senator Haji Ghulam Ali, Tariq Sayeed, Leader of Business Community & ex-President FPCCI, SM Muneer ex-President FPCCI, Shaikh Shakeel Ahmed Dhingra, Mian Zahid Hussain, Chairman FPCCI Standing Committee on Sales Tax, Zubair Tufail, ex-Vice President appreciated Dr. Abdul Hafeez Shaikh, Finance Minister for accepting business community demand.

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