FBR Makes CNIC Mandatory For Purchases Over Rs50,000
The condition of showing CNIC at the time of purchase had been waived in July 2019 in an effort to facilitate traders. The condition is being enforced again. The board would only monitor business-to-business purchases to identify tax evaders.
The main purpose behind the move is to document business-to-business transactions, as only a few individual consumers made purchases greater than Rs50,000 and that too from sales tax-registered persons.