Punjab Revenue Authority wants electronic invoice system at all hotels, restaurants

LAHORE: The Punjab Revenue Authority (PRA) has called upon all hotels and restaurants to implement the electronic invoice monitoring system (EIMS) for prompt tax payments, according to a meeting held with the Hotels and Restaurant Association on Friday. The discussion centered around the installation of EIMS within the hotel industry and ensuring tax compliance.

The primary objective of the meeting was to integrate the entire hotel sector into the tax system and expand the tax base. Representatives from the association reviewed the EIMS installation process, technical requirements, and challenges faced by hotels during the implementation of the system. The association's office-bearers pledged their full support to initiatives aimed at enhancing the tax system and promoting digitalization.

PRA Chairperson Moazzam Iqbal Sipra stressed that providing accurate computerized receipts to customers for services rendered is a legal obligation. He further highlighted that with the business community's cooperation, the tax system could become more streamlined, transparent, and efficient. Sipra also pointed out that broadening the tax net would encourage business activities and foster a culture of tax compliance.

He warned that those involved in fraudulent practices in issuing electronic receipts would face scrutiny and face heavy penalties.