Punjab Revenue Authority wants electronic invoice system at all hotels, restaurants
LAHORE: Punjab Revenue Authority (PRA) has sought all hotels and restaurants to be equipped with the electronic invoice monitoring system (EIMS) for timely payment of taxes. It was sought by the authorities in a meeting with the Hotels and Restaurant Association held here on Friday. During the meeting, matters concerning installation of EIMS in the hotel industry and tax compliance came under…
The Punjab Revenue Authority (PRA) has requested all hotels and restaurants to adopt an electronic invoice monitoring system (EIMS) to ensure timely tax payments. This request was made during a meeting on Friday with the Hotels and Restaurant Association in Lahore. The meeting centered on implementing EIMS within the hotel industry and enhancing tax compliance. Discussions focused on easing the EIMS installation process, addressing technical requirements, and overcoming challenges faced by hotels in adopting this system.
Association officials pledged their full support to the PRA's efforts to improve the tax system and promote digitalization. PRA Chairperson Moazzam Iqbal Sipra underscored the legal necessity of providing customers with proper computerized receipts for the services they receive. He stated that with the collaboration of the business community, the tax system could become simpler, more transparent, and efficient.
Sipra highlighted that expanding the tax base would stimulate business activities and foster a culture of tax compliance.
However, Sipra cautioned that operators engaging in fraudulent practices regarding electronic receipt issuance would face stringent monitoring and severe penalties.
Written by urgent.news from Dawn's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
