SLD No. 11940

S.R.O. 1586 (I)/2026, Islamabad, the 16th September, 2026.

NOTIFICATION S.R.O. 1586 (I)/2026.— In exercise of the powers conferred by section 40, read with section 45A, of the Federal Excise Act, 2005, the Federal Board of Revenue is pleased direct that the following further amendments shall be made in the Federal Excise Rules, 2005, namely:— In the aforesaid Rules, in Chapter XIV, after rule 73A. the following shall be inserted, namely:— “Chapter XIVA ELECTRONIC PRODUCTION MONITORING OF EXCISABLE GOODS 73B. Application.— (I) The provisions of this Chapter shall apply to- the electronic monitoring of production and sale of excisable goods or class of excisable goods through a production monitoring system; such manufacturers, production facilities, warehouses or industrial sectors as may be notified by the Board: and any other excisable goods or persons as may be specified by the Board for the purposes of section 45 A of the Act: Provided that the Board may. through notification in the official Gazette or by special order, specify the date from which the Production Monitoring System shall be installed and made operational in respect of any excisable goods, manufacturer or class of manufacturers. (2) Without prejudice to the generality of sub-rule (I), the production monitoring system may comprise video surveillance, video analytics solution, digital eye or any other solution approved by the Board for electronic monitoring of production on real time basis. 73C. Definitions.— In this Chapter, unless there is anything repugnant in the subject or context,— "authorized officer" means an officer of Inland Revenue authorized by the Board for the purposes of this Chapter;   "authorized vendor" means a person, firm or company approved by the Board for supplying, installing, operating or maintaining the production monitoring system under this Chapter; "Central Control Unit" or "CCU" means the centralized monitoring facility established, designated or approved by the Board for receiving, processing, analysing and storing production and sales data transmitted through the Production Monitoring System; "digital eye" means software…
🔒
Continue readingLogin or create an account to access the complete content.Login / Register