FRCS and LTA sign MOU for information sharing
November 27, 2018 2:13 am
A Memorandum of Understanding was signed between Fiji Revenue and Customs Service and the Land Transport Authority, aimed at encouraging the promotion of mutual cooperation in areas of information sharing and other related matters.
Under the MOU, both organizations will implement an effective framework on the collection of stamp duty on transfer of motor vehicles and public service vehicles permits.
FRCS Chief Executive, Visvanath Das says both parties have agreed that all transfers of motor vehicles and public service vehicles permits registered with LTA must be subject to Stamp Duty with exceptions in accordance with the requirements in the Stamp Duties Act 1920.
Das adds both organisations will pursue staff development joint training programs and staff exchange where appropriate and if necessary.
More importantly, LTA and FRCS will have controlled access to its online system database to assist in the administration and enforcement of their laws and LTA will provide the services required for the members of the FRCS Gold Card Services.
LTA Board Chairman Vijay Maharaj says this was a milestone achievement for both organisations and thanked FRCS for the partnership.