State Bank of Pakistan, Federal Board of Revenue (FBR) and 1-Link have signed an agreement in Islamabad today to develop a mechanism enabling the public to pay FBR taxes and customs duty using internet banking or ATMs.
The facility would be available round the clock /7 days a week. As per the proposed mechanism, the banks will add FBR (Inland Revenue) and FBR (Customs) as Billers in the Billers Module and develop the necessary interface with 1-Link.
After the system is made operational, the taxpayers/importers will fill their tax and customs duty payment details in the FBR (IRS) and Customs (WeBOC) online modules to generate payment slip ID (PSID).
The PSID will then be used to access the tax/duty payment details on banks’ web page or ATM as the case may be. The taxpayer or their agent will then pay the tax by debiting his/her bank account for onward credit to the respective government account in SBP BSC.
The whole process will be online and fully automated. The SBP has also advised banks to add FBR and Customs as Billers in the Bill Payment System offered by 1-link and develop necessary integration with 1-link within 2 months i.e. by 5th December 2017.
The system will be made operational by 31st December 2017 after necessary testing. The banks have been advised to demonstrate full ownership and commitment for successful and timely implementation of this strategically important project, which will bring huge efficiency gains besides facilitating the public in hassle-free payment of government taxes and duties.