“It is the responsibility of traders to ensure they are correctly applying the new VAT rates or they will be taken to task,” said Mr Abraham, adding that a joint taskforce, composed of FCCC and Fiji Revenue and Customs Services officers, is conducting surveys and inspections to ensure compliance.
“Unethical traders who are trying to unfairly profit by taking advantage of the transition should know that we’re committed to ensuring that the budget changes are accurately reflected in market prices and any non-compliance will be met with decisive action.”
Source: fijitimes.com
Latest Posts in "Fiji"
- FRCS Launches Public Dashboard to Enhance VAT Monitoring and Transparency in Fiji
- VAT Cuts Lead to Sharp Inflation Drop, RBF Maintains Monetary Policy
- Fiji’s Digital VAT Monitoring: Enhancing Compliance and Transparency in the Pacific
- FINTUA: VAT News Updates International VAT Rate Round Up – September 2025
- Fiji’s VAT Amendment Act 2025: New Taxpayer Disclosure, Reduced Rates, and Investment Refunds
