According to the procedure issued by FBR here on Tuesday, the FBR has also decided to establish Inland Revenue enforcement network (IREN) which shall be responsible for combating evasion and leakages of taxes and duties payable on tobacco products, beverages, sugar, fertilizer and cement.
The FBR has released the details of the security features of the tax stamps. On every package, including a tin, container or bottle, of the specified goods whether manufactured or imported shall be affixed or printed a tax stamp, banderole, sticker, label, barcode, etc., In respect of such specified goods which are exempt or meant for export tax stamps shall not be required to be affixed thereon, but shall be clearly, legibly and indelibly marked as "Exempt Goods" or "For Export", as the case may be.
Every tax stamp required to be affixed under these rules shall bear such security features as are approved by the Board in order to prevent counterfeiting; enable accounting of production of the specified goods; and enable any person in the supply chain or an officer authorized by the Commissioner Inland Revenue to authenticate such tax stamp.
The system for imported goods shall be installed in a designated area at the port of importation or a customs bonded warehouse, as the case may be, declared by the importer for this purpose, or any other place approved by the Project Director. Provided that the Board may allow tax stamps to be affixed on any specified goods to be imported in a production facility in the exporting country, subject to such conditions as the Board may specify.
No person engaged in manufacturing, sale or purchase or handling of specified goods shall remove or tamper with the tax stamp affixed thereon until these are sold to the final consumer, FBR added.
Establishment of Inland Revenue enforcement network: The Board shall establish Inland Revenue enforcement network (IREN) which shall be responsible for combating evasion and leakages oftaxes and duties payable on specified goods, which shall co-ordinate with enforcement units of the concerned field formations.
To check and verify any of the eventualities, the enforcement squads of IR shall patrol the designated routes on which specified goods are moving. The mobile squads may check a vehicle or any place of storage, wherein reportedly such specified goods are being transported, stored or kept, as the case may be, on which tax stamps have not been affixed under these rules.
The Project Director shall arrange to carry out audit of the system every year. The report shall be used for system related improvements and corrective and remedial actions, where warranted, FBR added.