![New system developed to deduct sales tax automatically](https://photo-cdn.urdupoint.com/media/2016/07/_2/740x404/pic_1469001370.jpg)
New System Developed To Deduct Sales Tax Automatically
Mohammad Ali (@ChaudhryMAli88) Published July 20, 2016 | 12:56 PM
![New system developed to deduct sales tax automatically](https://photo-cdn.urdupoint.com/media/2016/07/_2/740x404/pic_1469001370.jpg)
ISLAMABAD, (UrduPoint / Pakistan Point News - 20th july,2016) : Controller General of Accounts (CGA) with the assistance of Federal board of Revenue (FBR) has developed a software which is now being used for automated verification of Sales Tax Registration Number (STRN) and deduction of applicable rates of sales tax from the vendors' claims submitted at accounting offices. The system has been implemented across all accounting offices from July 01, 2016, said a statement here on Wednesday.
The successful implementation of the project will ensure correct deduction of sales tax. Under the system, from July 01, 2016 onward the deduction of applicable rates i.e. 10%, 20% and 100% of the sales tax would be made through this automated system.
The system of the all the AGs would be linked up with FBR's database in order to verify the status of the vendor's STRN and authenticity of the Sales Tax Registration Number (STRN). As a result of this verification of status and authenticity of STRN, the system will automatically deduct sales tax as per applicable rates.
The system was developed following a pilot project which was launched by CGA at AG Office Islamabad under the supervision of DG (MIS) FABS on 1st May 2016.
In this pilot project, number of issues arose and solutions were provided to DG (MIS) by FBR for successful implementation of the software.
After resolution of the teething problems of the project, both the partners i.e., FBR and CGA decided to extend this project across the country from 1st July 2016. CGA office has a prime role in the implementation of the project and this role will increase with each passing day. It has been decided by FBR and CGA that the prerequisite of the countrywide success of the of the project is to sensitize all the government departments to become aware of the new system in due course of time to keep it smooth and efficient. It may be added that full applicable rate of sales tax shall be deducted from those vendors whose STRN does not get validated from FBR's database.
Under the system, the government departments and ministries would be required to deal with only those vendors who possess a genuine STRN.
Recent Stories
![Cricket: England v West Indies 3rd Test scoreboard](https://photo-cdn.urdupoint.com/media/2024/07/_1/235x155/pic_1722019914.jpg)
Cricket: England v West Indies 3rd Test scoreboard
![Finance minister briefs Chinese officials on refor ..](https://photo-cdn.urdupoint.com/media/2024/07/_1/235x155/pic_1722019922.jpg)
Finance minister briefs Chinese officials on reform agenda, engagement with IMF
![Finland says Russian vessel violated its territori ..](https://photo-cdn.urdupoint.com/media/2024/07/_1/235x155/pic_1722019912.jpg)
Finland says Russian vessel violated its territorial waters
![Olympic opening ceremony under way on River Seine](https://photo-cdn.urdupoint.com/media/2024/07/_1/235x155/pic_1722019266.jpg)
Olympic opening ceremony under way on River Seine
![West Indies' treble strike rocks England in third ..](https://photo-cdn.urdupoint.com/media/2024/07/_1/235x155/pic_1722019264.jpg)
West Indies' treble strike rocks England in third Test
![Ukraine court orders detention of suspect in murde ..](https://photo-cdn.urdupoint.com/media/2024/07/_1/235x155/pic_1722019262.jpg)
Ukraine court orders detention of suspect in murder of nationalist ex-MP
![Long queues, ticketing problems ahead of Paris ope ..](https://photo-cdn.urdupoint.com/media/2024/07/_1/235x155/pic_1722019015.jpg)
Long queues, ticketing problems ahead of Paris opening ceremony
![Rana Sanaullah Khan joins Paris 2024 Olympics inau ..](https://photo-cdn.urdupoint.com/media/2024/07/_1/235x155/pic_1722019638.jpg)
Rana Sanaullah Khan joins Paris 2024 Olympics inauguration reception
![Glowing tributes mark 69th birthday of President Z ..](https://photo-cdn.urdupoint.com/media/2024/07/_1/235x155/pic_1722019637.jpg)
Glowing tributes mark 69th birthday of President Zardari at Governor's House
![Players unaware of spying scandal as Canada Olympi ..](https://photo-cdn.urdupoint.com/media/2024/07/_1/235x155/pic_1722019635.jpg)
Players unaware of spying scandal as Canada Olympic coach sent home: official
![Naqvi hails Pak women cricketers for going down fi ..](https://photo-cdn.urdupoint.com/media/2024/07/_1/235x155/pic_1722019013.jpg)
Naqvi hails Pak women cricketers for going down fighting against SL
!['Sabotage' on French rail network before Olympics: ..](https://photo-cdn.urdupoint.com/media/2024/07/_1/235x155/pic_1722019634.jpg)
'Sabotage' on French rail network before Olympics: What we know
More Stories From Pakistan
-
NDMA Advisory: More Monsoon Rains-wind, Thundershowers from July 28-31
5 hours ago -
Armed Forces, tri services chiefs pay homage to Captain Sarwar Shaheed
5 hours ago -
Agriculture dept inks agreement with Bakhabar Kissan
6 hours ago -
Rana Sanaullah Khan joins Paris 2024 Olympics inauguration reception
6 hours ago -
Glowing tributes mark 69th birthday of President Zardari at Governor's House
6 hours ago -
Balochistan CM announce depoliticizing of police, Levies force
6 hours ago
-
PTI creating unrest, halting economic progress in country: MNA
6 hours ago -
ISSI holds webinar on “Elections in Iran : Regional and International Insights”
6 hours ago -
ECP defers written test for seats of election officers
6 hours ago -
PN assists in firefighting, evacuation efforts for stranded civilians of Kashif Centre fire incident
6 hours ago -
Women's rights protection is govt's top priority. Hina Parvez Butt
6 hours ago -
"We stand in solidarity with Azma Bokhari”: Secretary Women’s Parliamentary Caucus
6 hours ago