The Fiji Islands Revenue and Customs Authority is putting in place the mechanisms to implement the Tourist VAT refund Scheme and shops wanting to be part of the scheme will have to apply for a license to do so.
At the post budget press conference, FIRCA CEO Jitoko Tikolevu revealed that initially the scheme will only apply to visitors who use the Nadi Airport or the Suva Wharf as a point of entry into the country.
He said the Suva wharf has been chosen as 60 cruise liners are expected to come to Suva next year.
Tikolevu said shops wanting to be part of the scheme will have to pay an annual license fee of $2,500 and will apply to tourists who spend $500 or above from a single shop and it can be up to three purchases a day.
Tourist VAT refund scheme initially for Suva, Nadi
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