FBR Seals Five Restaurants in Islamabad for Issuing Fake Receipts
The Regional Tax Office (RTO) Islamabad took strict action on Thursday by sealing five prominent restaurants in the city for issuing counterfeit invoices/receipts. This move came after consumers reported the issuance of fake receipts by these establishments.
The action is part of the Federal Board of Revenue (FBR) drive to bring Tier-1 Retailers and Restaurants under the tax net through the Point of Sale (POS) Invoicing system. According to an FBR statement, the authenticity of the reported receipts was confirmed through POS tracking software, following an established procedure. As a result, a team from RTO Islamabad, led by the Deputy Commissioner, sealed the five restaurants and imposed a total penalty of Rs. 1.5 million.
Read More: FBR Arrests Ring Leader in Fake Invoice Scam Case
The FBR also highlighted the launch of the Point of Sales Prize Scheme, which began on October 25. Initially introduced in Islamabad for Tier-1 restaurants, the scheme will eventually be expanded to cover all Tier-1 retailers and restaurants across the country by the end of this month. Under the scheme, citizens who report fake receipts via the Tax Asaan app will be eligible for cash rewards. Once the reported fake receipts are verified, the FBR will transfer the prize money directly to the winners’ bank accounts. Additionally, the offending Tier-1 retailers/restaurants will face penalties, including being sealed.
This initiative is aimed at curbing the culture of fake invoices, ensuring that due taxes are paid into the national treasury, and promoting greater tax compliance.
