Fiji Times – Saturday 12th August 2017.
THE Fiji Revenue and Customs Service has reminded traders and stakeholders that they could be fined up to $25,000 if they breach the Stamp Duties Act which came into effect on August 1, 2017.
In a statement issued yesterday FRCS chief executive officer Visvanath Das advised members of the public, that effective from August 1, house air way bills including consignment notes executed by the freight forwarders, airline agents, exporters, licenced customs agents, cargo consolidators, courier companies and shipping agents was subject to $10 stamp duty per instrument.
Mr Das said the objective of the stamp duty on air way bills was to have an efficient and uniform practice to all forms of legal instrument that serves as the legal document from the sender, shipper and freight forwarder to the receiver of the goods. Read more…
