FBR issues STGO for Cement producers to implement Track and Trace System

News Image

MG News | March 12, 2021 at 11:19 AM GMT+05:00

March 12, 2021 (MLN):  The Federal Board of Revenue (FBR) on Thursday issued the Sales Tax General Order (STGO) for the Cement manufacturers, for the implementation of Electronic Monitoring of production and sales of goods in the manner prescribed in the law on all manufacturing sites.  

According to the STGO issued, in the exercise of the power conferred under Section 40C(2) of Sales Tax Act 1990 and Rule 150ZF of Sales Tax Rules 2006, it is hereby notified that no Cement products shall be allowed to be removed from the production site, factory premises, or manufacturing plant or import station without affixation of tax stamps/Unique Identification Marking (UIMs) with effect from July 1, 2021, which are to be obtained/procured from and applied by the FBR’s Licensee M/S AJCL/MITAS/AUTHENTIX Consortium.

 Furthermore, all manufacturers of Cement Products are warranted under the law to make necessary arrangements for importation of applicators and other equipment required for successful installation and implementation of Track and Trace System at their production facilities, the STGO said.

Copyright Mettis Link News

Related News

Name Price/Vol %Chg/NChg
KSE100 171,725.29
261.56M
2.31%
3881.05
ALLSHR 103,214.49
498.64M
2.00%
2024.02
KSE30 51,517.14
135.33M
2.40%
1209.13
KMI30 246,565.71
111.44M
2.29%
5524.54
KMIALLSHR 67,042.77
274.55M
1.94%
1273.86
BKTi 47,299.71
43.26M
3.04%
1394.54
OGTi 36,341.37
10.64M
2.20%
783.44
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 76,645.00 77,935.00
76,105.00
870.00
1.15%
BRENT CRUDE 99.54 100.12
97.12
3.40
3.54%
RICHARDS BAY COAL MONTHLY 110.00 0.00
0.00
-8.75
-7.37%
ROTTERDAM COAL MONTHLY 111.10 111.10
111.10
0.35
0.32%
USD RBD PALM OLEIN 1,157.50 1,157.50
1,157.50
0.00
0.00%
CRUDE OIL - WTI 93.05 93.90
89.41
-3.55
-3.67%
SUGAR #11 WORLD 14.51 14.63
14.44
-0.19
-1.29%

Chart of the Day


Latest News
May 26, 2026 at 04:42 AM GMT+05:00

BankIslami launches FOCUS


May 25, 2026 at 06:03 PM GMT+05:00

UAE, UN deepen ties on energy, water agenda


May 25, 2026 at 05:13 PM GMT+05:00

Pakistan pushes export drive in China


May 25, 2026 at 04:25 PM GMT+05:00

PKR maintains upward momentum vs USD



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg