- FRCS provides clarity on using tax and proforma invoices for VAT claims
- Only VAT invoices from registered entities are eligible for input VAT deduction
- VAT invoices must meet specific requirements under the VAT Act 1991
- Proforma invoices are preliminary and cannot be used for VAT claims
- Proforma invoices should be clearly marked and not used for VAT deduction
- VAT-registered taxpayers should understand VAT Act provisions to ensure compliance
Source: frcs.org.fj
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
