ISLAMABAD: As part of FBR’s drive to bring Tier-1 retailers/ restaurants under the tax net through POS invoicing system and after introduction of POS Prize Scheme, Regional Tax Office, Islamabad, sealed two prominent restaurants in Islamabad on account of issuing fake invoices/ receipts. After determining the non-authenticity of the reported receipts through POS tracking software under an already devised and announced procedure, a team of RTO Islamabad led by Deputy Commissioner sealed two restaurants in Blue Area and Super Market and also imposed a penalty of Rs.0.5 million upon each. It is pointed out that FBR has launched the Point of Sales Prize Scheme from 25th October. In the first phase, the Scheme has been introduced in Islamabad for Tier-1 restaurants, which will then be extended to all Tier retailers and…