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News

Keep receipts to compare prices

December 16, 2015 5:44 pm

As consumers nationwide prepare to embrace the big drop in prices of goods and services come January next year, the Consumer Council of Fiji is urging everyone to hold on to their receipts every time they shop.

Chief Executive Premila Kumar says this will help consumers know if the prices for same goods and services have been adjusted to reflect the six percent Value Added Tax reduction.

She says the new nine percent VAT will apply on all goods and services – be it old or new stock.

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“If they don’t collect enough receipts it will be very hard for them to prove that the traders are charging a higher price, so I would like to encourage consumers to start collecting the receipts now in other words this month’s or if they have old receipts from previous months if they can keep that receipts because it will also help the council in its investigations.”

Kumar is urging the consumers to assist the government in exposing the perpetrators who fail to reflect the six percent VAT reduction.

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