The Federal Board of Revenue (FBR) has officially introduced a mandatory digital invoicing system for all sales tax-registered taxpayers, prioritizing integration for corporate businesses.Â
According to a news report, the digital invoicing system aims to eliminate fake or unverifiable invoices, simplify tax return filing, and enhance transparency in Pakistan’s documented economy.Â
According to the FBR, taxpayers can integrate their invoicing systems with licensed integrators such as Pakistan Revenue Automation Limited (PRAL), Haball, WebDNAWorks, and EY, at no cost. After integration, digital invoices are automatically generated within the taxpayer’s system, reducing manual work and ensuring accuracy.
Each approved invoice is equipped with a QR code and unique invoice number, accessible to both suppliers and buyers through the digital portal. This feature ensures secure reporting and enables buyers to view invoices and seamlessly claim input tax.
In addition, the FBR has introduced a Business Intelligence Dashboard, offering taxpayers real-time and historical insights into invoice volume, type, and value. Businesses can now easily auto-populate and load all approved invoices for the tax period with a single click, streamlining compliance.
To assist taxpayers in navigating the new system, the FBR has prepared a presentation outlining the digital invoicing process, including step-by-step guidance and the importance of integration with the FBR to fully benefit from the system.
