FBR slaps fine on 56 unregistered shopping malls, outlets in Karachi

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The Federal Board of Revenue (FBR) on Monday sent notices to 56 unregistered shopping malls and outlets in Karachi in addition to imposing fines worth Rs1 million on each of them.

It may be mentioned here that all retailers in the port city had been directed to register their Point of Sales with the FBR earlier.

According to the FBR, the last date for registration of malls and outlets was August 31, 2020.

According to the FBR order, large retailers will be barred from doing business if they don’t pay the fine.

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