Over 30 Businesses Shut Down in Karachi

The Federal Board of Revenue (FBR) has escalated its enforcement efforts by sealing more than 30 shops in Karachi for violating tax regulations and POS system requirements. Conducted by the Regional Tax Office Zone-I, the operations spanned from January 1 to January 3 and targeted multiple commercial sectors.

Key Locations and Violations

• M.A. Jinnah Road: Two medical and surgical stores were closed for tax non-compliance.
• Khalid Bin Waleed Road: A showroom was sealed for failing to issue POS-compliant receipts.
• Saddar and Clifton: Bakery and sweet outlets faced action for breaching POS rules.
• Other Areas: A paint shop was also shut down for lack of POS integration.

Monetary Fines Imposed

The FBR imposed penalties amounting to Rs25 million during this campaign, demonstrating a firm stance against tax evasion. Officials stated that these actions are part of a broader effort to bring Tier-1 retailers into compliance with POS invoicing requirements.

Past Operations in Islamabad

In November, the FBR’s Islamabad Regional Tax Office conducted a similar operation, sealing five high-profile restaurants for issuing counterfeit invoices. Complaints from consumers triggered an investigation using POS tracking software, which confirmed the fraudulent activity.

These restaurants were penalized with fines totaling Rs1.5 million. The FBR remains committed to eliminating such practices, ensuring a transparent taxation system across the country.