Karachi, February 3, 2025 – The Pakistan Chemical and Dyes Merchants Association (PCDMA) has expressed concerns over the complexities arising from SRO 55(I)/2025, issued by the Federal Board of Revenue (FBR), and its potential impact on traders. The PCDMA highlighted that the newly introduced conditions under SRO 55(I)/2025, which mandate the submission of detailed monthly stock statements, consumption data, and intricate purchase, sales, and stock reports, pose significant challenges for traders. Many in the business community, particularly small-scale traders, are struggling to comply due to a lack of awareness and the complexity of the requirements. Salim Valimuhammad, Chairman of PCDMA, emphasized that while the business community supports economic stability and does not oppose the FBR’s efforts, the implementation of such measures without adequate awareness creates difficulties. He stressed the importance of educating traders on the requirements before enforcing them to ensure smoother compliance. “The lack of clarity surrounding the submission of stock details under SRO 55(I)/2025 makes it exceedingly difficult for small and medium-sized businesses to file their monthly sales tax returns on time. Many traders, especially importers and wholesalers operating on thin profit margins, cannot afford professional tax consultants to navigate these complex requirements,” he stated. PCDMA urged the FBR to acknowledge the…