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26 May 2025
Author: Asif S Kasbati (FCA, FCMA & LLB)
I. High Level professional : The Great Panelist (Including Mr S.M Shabbar Zaidi - Ex Chairman FBR) Comments on Kasbati's QC
II. Subscriber : 'Budget related work for High level Learning & Growth'
A. Background (BG)
1. This refers to the related Important TLQCs in trail, blue, italic and double line (a) 3103 of 2.5.25 about FST Invoices Electronic Integration - Extension as we predicted (b) 3097 of 28.4.25 about FST Invoice Integration SRO 709: APTMA (c) 3096 of 28.4.25 about FST Invoice Integration by all as per SR0 709 & Major Issues
2. We also refer to over 15 TLQC/QC including (a) 2976 of 19.12.24 about FBR Integration with Digital Invoicing System (b) 2605 of 12.12.24 about FMCGs Supply Chain to issue ST Invoices Electronically (c) 2571 of 13.12.23 about FMCGs Importers, Manufacturers & Trader EIS/POS about SRO 1525-DI of 12.12.23 inter alia covering effective or not.
B. Updated Commentary
Further to KQU 3386 of 22.5.25, being an important matter, we would inform you about Request for extension of deadline under SRO 709(I)/2025 dated 22.4.25 – Tax Bar Association Hyderabad (Attachment 3134.1) for Corporate Sector from 1.5.25 to atleast 30.6.25 i.e. effective from 1.7.25.
C. Kasbati & Co views
For the reasons as discussed in Para A of our TLQC 3097 in trail, above letter and expected more letters from Other Bars, KCCI, APTMA & FPCCI, we expect that further extension is likely to be allowed for about a month for Corporate Sector (and more for the rest, near to their deadline date.
D. Further Details & Services
Should you require any clarification or explanations in respect of the above or otherwise, or require Income Tax, Federal & Provincial Sales Tax or Withholding Tax Advisory, Statement or Return Filing or Review services, or related accounting matters like the above, please feel free to email Mr Amsal at amsal@kasbati.co with CC to info.kasbati@professional-
Best regards for Here & Hereafter
Asif S Kasbati (FCA, FCMA & LLB)
Managing Partner
Kasbati & Co (1400+ Tax, Levies, Companies, Economy, Inflation, HR, Banking, Finance, etc
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