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In Mainland Tanzania, suppliers of goods and services whose
annual turnover is TZS 14 million or more are required to issue
receipts (or invoices) through Electronic Fiscal Devices
(
EFDs), known as fiscalised receipts (or
fiscalised invoices).
The Value Added Tax Act 2014 also requires VAT registered
persons wishing to claim input value added tax
(
VAT) on their local purchases to be in possession
of fiscalised invoices/receipts at the time of recording these
claims in the VAT returns.
The Tanzania Revenue Authority (
TRA) has issued
a Public Notice (
Tanzania: Tasac Coughs 4 2bn/ - to Boost Ports Security allafrica.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from allafrica.com Daily Mail and Mail on Sunday newspapers.