FBR Makes Sales Tax Invoices Mandatory on Advance Payments

On 6 November, Pakistan's Federal Board of Revenue introduced new sales tax procedures requiring registered taxpayers to issue invoices when receiving advance payments for goods or services. Businesses receiving payments in instalments must also maintain separate transaction records and declare the applicable output tax in the relevant reporting period. The changes increase demand for tax compliance, accounting-system updates and regulatory reviews. HPC can support compliance assessments, financial documentation and business advisory.