NBR asks businesses to switch to new BIN by Nov 30

 
The National Board of Revenue (NBR) has requested all businesses to complete the transition from their old Business Identification Number (BIN) to the newly-assigned BIN by November 30, 2026, following the restructuring of VAT Commission rates aimed at strengthening tax administration and improving taxpayer services.

In a press release issued here on Monday, the NBR said it has reorganised the jurisdiction of existing VAT Commission rates and established new Commission rates to expand the tax net, enhance revenue collection and ensure a more business-friendly environment through improved taxpayer services.

The move is part of the government's broader administrative reform initiative to make the indirect tax system more dynamic, efficient and modern, it said, according to BSS report.

As part of the restructuring, the BINs of businesses have been transferred to the newly designated jurisdictions. The NBR said only the last four digits of the BIN have been changed to reflect the respective VAT Commission rate and division, while all other business information associated with the BIN remains unchanged.

To ensure that import and export operations continue without disruption, both the old and new BINs of the affected businesses have been kept temporarily active in the Customs ASYCUDA World system.