One-time sellers, home-based business exempt from online registration: FBR

The Federal Board of Revenue (FBR) chairman has clarified that one-time sellers and women selling goods from their homes would be exempt from mandatory registration for online businesses. According to an official statement, the clarification by FBR Chairman Rashid Mahmood Langrial was given during a meeting of the Senate Standing Committee on Finance and Revenue, which discussed the federal budget presented last week. The committee approved the proposal to impose sales tax on e-commerce items. The FBR chairman said online businesses already collect tax from consumers but don’t deposit it with the FBR. He further elaborated that courier services will now be designated as collection agents, since they possess the seller’s invoice.