S.R.O. 864(I)/2008, Islamabad, the 18th August, 2008

SROS: S.R.O. 864(I)/2008, Islamabad, the 18th August, 2008 DRAFT OF CERTAIN FURTHER AMENDMENTS IN THE INCOME TAX RULES, 2002 S. R. O. 864(I)/2008, Islamabad, the 18th August, 2008:- The following draft of certain further amendments in the Income Tax Rules, 2002, which the Federal Board of Revenue(FBR) proposes to make in exercise of the powers conferred by section 237 of the Income Tax Ordinance, 2001(XLIX of 2001), is hereby published for the information of all persons likely to be affected thereby, as required by subsection(3) of the said section, and notice is hereby given that the draft will be taken into consideration after seven days of its publication in the official Gazette. Any objection or suggestion which may be received from any person, in respect of the said draft before the expiry of the aforesaid period, shall be considered by the FBR. DRAFT AMENDMENT In the aforesaid Rules, after rule 30, the following new rule shall be inserted, namely:- 30A. Electronic tax register.- A person required to use an electronic tax register shall - (a). install the electronic tax register(ETR) within seven days of its authentication by Commissioner holding jurisdiction over such case and obtain a register identification number(RIN) for permanent affixture on the Electronic tax register; (b). use the electronic tax register to record only his own sales and ensure that each sale is made through it and print the receipt of each sale containing the information in accordance with sub-rules(3) and(4) of rule 29 and rule 30, and to deliver the original receipt to the purchaser; (c). in case of non availability for use…