countries:pakistan:fbr_pos
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+ | FBR issues list of 1,358 retailers for mandatory POS | ||
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+ | Who are Tier-1 retailers under Sales Tax Act? | ||
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+ | The Sales Tax Act, 1990 (updated up to June 30, 2020 issued by the FBR), defined Tier-1 retailer as: | ||
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+ | (a) a retailer operating as a unit of a national or international chain of stores; | ||
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+ | (b) a retailer operating in an air-conditioned shopping mall, plaza or centre, excluding kiosks; | ||
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+ | (c) a retailer whose cumulative electricity bill during the immediately preceding twelve consecutive months exceeds Rupees twelve hundred thousand; | ||
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+ | (d) a wholesaler-cum-retailer, | ||
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+ | (e) a retailer, whose shop measures one thousand square feet in area or more; and | ||
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+ | (f) any other person or class of persons as prescribed by the Board.” | ||
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