The deadlock between the Federal Board of Revenue (FBR) and the merchant union remains intact on the issue of the fixed tax scheme.
FBR decided to start a market survey beginning from September 1, 2019. Customs and Inland Revenue officials received instructions about the campaign, FBR sources said.
In addition, merchants and shopkeepers will be required to show documents related to imported items.
In response to the government’s imposition of fixed taxes on small merchants and shopkeepers, the merchants’ union began an unprecedented strike.
President FBR took note of the strike and made a committee of 12 members to follow up.
The government has maintained that the merchants will have to pay a fixed tax on their general sales and the tax evaluation will be carried out according to the electricity bills and the covered area of the store.
Further talks are expected on Monday between FBR and the merchants.
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13 November, 2019