Safeguarding Consumer Interests: FRCS Joins Forces with MoF, FCCC, and CCF for Coordinated Price Surveillance
FRCS, in close coordination with the Ministry of Finance (MoF), the Fijian Competition and Consumer Commission (FCCC), and the Consumer Council of Fiji (CCF), is actively engaged in monitoring market prices following the reduction of Value Added Tax (VAT) from 15% to 12.5% and customs duties on various items, as announced in the 2025–2026 National Budget.
This initiative is being carried out under the Joint Taskforce on Price Surveillance, which is committed to ensuring that the benefits of the reduction in VAT and customs duties are accurately reflected in final retail prices and that the Government’s intention to ease the cost of living is fully realized. The taskforce is conducting inspections and assessments to verify compliance and promote fair pricing practices.
Beyond enforcement, the taskforce aims to translate policy into tangible benefits for Fijians by fostering transparency and accountability. FRCS is working closely with businesses to provide guidance and support in implementing the new budget measures and ensuring full compliance with tax regulations.
Consumers are encouraged to remain vigilant and check that tax invoices or receipts issued by VAT registered businesses correctly reflect the 12.5% VAT rate.
For further assistance or clarification, members of the public can contact FRCS via the toll-free number 1326 or email info@frcs.org.fj.
FRCS continues to champion transparency and collaboration through a series of impactful education and awareness sessions focused on the 2025–2026 National Budget, the VAT Monitoring System (VMS), and other key tax-related developments.
FRCS reinforced its commitment to transparency and collaboration through a high-impact awareness session with members of the Fiji Institute of Chartered Accountants (FICA). The session focused on key updates from the 2025–2026 National Budget and the VAT Monitoring System (VMS).
New Zealand Customs Minister, Hon. Cassey Castelo, recently visited Fiji’s western ports as part of her regional engagement efforts to strengthen customs cooperation and border security.
FRCS held the Tax Administration Diagnostic Assessment Tool (TADAT) Pre-Assessment Workshop, marking a pivotal moment in its journey toward modernizing tax administration and aligning with global best practices.
FRCS was honoured to host the New Zealand Minister of Customs, Hon. Casey Costello, during her courtesy visit to our headquarters in Suva.
Deputy Prime Minister and Minister for Finance, Strategic Planning, National Development and Statistics, the Honourable Professor Biman Prasad, officially launched the Fiji Revenue and Customs Service (FRCS) 2025–2028 Compliance Improvement Strategy (CIS).
FRCS today marked a significant milestone in its commitment to empowering Micro, Small, and Medium Enterprises (MSMEs) with a vibrant celebration of MSME Day 2025. The event, held in Suva, was graced by the Minister for Women, Children and Social Protection Hon. Sashi Kiran as Chief Guest, who commended the resilience and growth of Fiji’s MSME sector.