By Commerce Reporter
LAHORE: The Punjab Revenue Authority (PRA) has intensified enforcement efforts to ensure compliance with tax regulations and the Electronic Invoice Monitoring System. In a decisive move, PRA has formed special teams to inspect and monitor unregistered businesses and assess their adherence to the mandatory invoicing system.
Read more:Â PRA achieves a record tax collection of Rs22.21 billion in January
On the directives of Commissioner PRA Lahore, Misbah Nawaz, Enforcement Officer Saud Attiq, conducted targeted raids on well-known restaurants in Gulberg to verify their Electronic Invoice System registration status. During the inspections, several restaurants were found to be non-compliant and were subsequently fined PKR 100,000 each.
To facilitate compliance, all restaurant owners have been granted a 15-day deadline to submit their sales records. Businesses failing to comply within the given timeframe may face further penalties and strict legal action, including potential sealing of their their premises.
