Tobacco products: tax stamps/UIMs made mandatory

20 Jan, 2022

****ISLAMABAD: The Federal Board of Revenue (FBR) has directed the cigarette manufactures not to remove tobacco products from the production site, factory premises or manufacturing plants without affixation of tax stamps/Unique Identification Marking (UIMs) from April 30, 2022.****

In this regard, the FBR has issued a Sales Tax General Order (STGO), here on Wednesday to give deadline to the cigarette manufactures.

According to the FBR’s direction to the cigarette manufactures, the tobacco manufactured/produced in Azad Jammu and Kashmir (AJK) and erstwhile Fata/Pata shall not be allowed to enter into Pakistan’s tariff areas without affixation of tax stamps. The FBR added that no tobacco products shall be allowed to be removed from the production site, factory premises or manufacturing plants without affixation of tax stamps/UIMs from April 30, 2022, which are to be obtained/procured from the FBR’s licensee M/s AJCL.MITAS/Authentix Consortium.

The provision of section 40C(2) of the Sales Tax Act, 1990 read with Rule 150ZF of the Sales Tax Rules 2006 mandate the FBR to notify the date for the implementation of the electronic monitoring of production and sales of goods in the manner prescribed in the law on all manufacturing sites of notified sectors, the FBR added.

Copyright Business Recorder, 2022

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