KARACHI:(News desk) The Federal Board of Revenue (FBR) on Friday inked a contract with AJCL along with its lead partner Authentix Inc. USA and Mitas Corporation of South Africa to operationalize Track and Trace Solution on tobacco, cement, sugar and fertilizer sectorsAccording to details shared by the FBR spokesman from his Twitter handle, Member IR-Operations of the tax authority Dr. Muhammad Ashfaq Ahmed, CEO, Authentix Kevin McKenna, Sten Bertelsen representing Mitas Corporation, and CEO of AJCL Omer Jaffer signed the contract on behalf of their respective organizations.“The Track and Trace Solution is to be rolled out across the tobacco, cement, sugar and fertilizer sectors from 1st July 2021 in Pakistan and would enhance tax revenue, reducing counterfeiting and prevention of smuggling of illicit goods,” said the spokesman.He further said that the system involves the implementation of a robust, nationwide, electronic monitoring system of production volumes by the affixation of more than 5 billion tax stamps on various products at the production stage, which will enable FBR to track the goods throughout the supply chain.