ISLAMABAD: The Regional Tax Office, Islamabad on Monday sealed two restaurants in federal capital after citizens reported that the restaurants were issuing fake invoices.

This is in line with FBR’s drive to bring Tier-1 retailers and restaurants in the tax net through POS Invoicing system.

An official announcement of the FBR said that after determining that the reported receipts were counterfeit, a team of RTO Islamabad led by the deputy commissioner sealed two restaurants and their subsidiary branches in Islamabad and also imposed a total penalty of Rs1 million on these restaurants.

However, FBR did not mention the names of the sealed restaurants.

Last month, RTO Islamabad had sealed three restaurants in Islamabad on the same charges. FBR is committed to discouraging the fake invoices culture and ensure tax compliance through effective enforcement of tax regulations. Last month, FBR had launched a cash reward scheme for customers who will report fraudulent invoices.

The retailers connected to POS systems that issue fake invoices will face significant penalties, including a fine and the potential closure of their premises until the fines are settled.

Published in Dawn, December 10th, 2024