The Federal Board of Revenue (FBR) is planning to launch the Track and Trace System by 30th June 2021, for the electronic monitoring of tobacco, cement, sugar and fertilizer.
The FBR a held pre-bidding conference for the grant of a five year license for an IT-based solution for this system. The conference was attended by 25 participants physically and another 15 participants virtually. Dr Muhammad Ashfaq Ahmed, Member (IR-Operation) and Tariq Hussain Shaikh, Project Director, (Track & Trace System) conducted the conference and explained the functions, features and purpose of implementing the Track and Trace System in Pakistan, which includes minimal human interface, prevention of revenue leakage, under reporting sales of specified goods and to ensure proper payment of duty/taxes.
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