Fiji Times Saturday 30 September 2017 THE Fiji Revenue and Customs Service tax authority is working with supermarkets and pharmacies to ensure that they comply with the regulation that requires them to install electronic fiscal devices (EFD) by the end of this year.
Fiji Revenue and Customs Service CEO Visvanath Das yesterday reminded all supermarkets and pharmacies that in accordance with the Tax Administration (electronic fiscal device) 2017 Regulations, they were required to install the EFD at their businesses by December 31.
Mr Das said to ensure compliance from the mentioned two sectors, the FRCS had provided an EFD test environment to developers and manufacturers of point of sale (POS) systems and electronic sales data controller (E-SDC) devices to test before final submission for accreditation to the technical committee.
“This project is the first of its kind in Fiji and possibly the Pacific, but is the norm in countries like Argentina, China, Brazil, Spain, Russia, Mexico and Turkey.
Benefits of the system include reduced risk of theft from employees and most importantly create a level playing field for all taxpayers,” he said.
