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The National Board of Revenue (NBR) has made it mandatory to use data from the ASYCUDA system while assessing income tax in cases involving importers, aiming to enhance transparency and reduce tax evasion.
In a directive issued on March 4, the NBR instructed income tax officials under its Income Tax Wing to collect and use authentic information on imported goods and advance income tax paid at the import stage from the ASYCUDA system’s Business Intelligence (BI) server.
According to the order, tax officials will have to rely on this information when selecting cases for audit, reopening tax cases under the Income Tax Act, or correcting erroneous tax assessments.
The directive also outlines the procedure for using the BI server of the ASYCUDA system.
It states that supervisory range officers will obtain the relevant information from the server and provide it in writing to the concerned circle officers responsible for determining tax.
The system will enable officials to verify key import-related information of taxpayers, including the quantity of goods imported, the declared import value and the advance income tax paid at the import stage.
NBR officials said the measure is expected to ensure greater accuracy in granting advance income tax credit during tax assessment.
Under the new arrangement, commissioners and supervisory range officers will be able to log into the BI server from pre-designated IP-bounded computers.
After collecting information from the server, range officers will also have to record the data regularly in a specific register.
The revenue authority said the initiative will make it easier to verify import-related tax data during the settlement of income tax cases, helping to ensure a transparent and accurate assessment process.
