Supermarkets and pharmacies will soon be issuing fiscal receipts, and the Fiji Revenue and Customs Service is urging consumers to download the Revenue and Customs receipt verifier application free of charge and verify the receipts issued to them.
The Revenue and Customs Service has also reminded medical centres, travel agencies, accounting firms, law firms and hardware companies (wholesale and retail) that they are the next group of businesses required to install, implement and operate the Electronic Fiscal Device/VAT Monitoring System on or before June 30th, 2018 and urge businesses to register and comply now to avoid any penalties.
This new initiative has also created a business opportunity in the local market, given the increased demand for smart card readers.
A total of eight suppliers have been accredited to date to supply the Electronic Fiscal Device/VAT Monitoring System to the Fijian market after a further accreditation process by the Revenue and Customs Service.
Revenue and Customs Chief Executive officer, Visvanath Das says the deadline for supermarkets and pharmacies expired on the 28th of February and they are now working with the accredited suppliers to ensure that there is a smooth transition and that businesses are compliant with the laws.
They have also negotiated with suppliers to ensure that there is minimum cost to ensure compliance,
Fiji Revenue and Customs Service reiterates that there is no extension to the deadline for implementation.Listen to the latest news on our 5 radio stations Legend FM, Viti FM, Radio Sargam, FM96 and Navtarang.