TransAct™: FBR Pakistan

Description

The Government of Pakistan, through the Federal Board of Revenue (FBR), has implemented a Track and Trace Solution as part of its vision to ensure fair and just federal tax revenue collection, improved monitoring of federal tax collection and reliable federal tax revenue forecasting.

This Track and Trace Solution is to be rolled out across the Tobacco, Cement, Sugar and Fertilizer sectors in Pakistan with a view to enhance tax revenue, reduce counterfeiting and prevent the smuggling of illicit goods through the implementation of a robust, nationwide, electronic real-time monitoring system of production volumes and by the affixation of more than 5 billion tax stamps on various products at the production stage, which will enable FBR to track the goods throughout the supply chain.