Successful Implementation Of VAT Monitoring System

Successful Implementation Of VAT Monitoring System

Fiji Sun – Wednesday 20th December 2017.

The Fiji Revenue and Customs Service (FRCS) has made significant progress in the implementation of the VAT Monitoring System (VMS)/Electronic Fiscal Device (EFD) following another successful “live test” at the Carpenters Fiji Group Max Val-U Supermart at Lami last week.

Maui Bay Supermarket was the first taxpayer to pilot the EFD since November 19 this year.

The FRCS is confident that more “lives tests” will be conducted soon as other Point of Sale system (POS) suppliers are very close to testing the solution in a supermarket/pharmacy.

“The deadline to implement an EFD for those that fall under the first group of businesses is 31st December 2017. Read more…