Section 23 — Value Added Tax Fiscalisation System

(1) Where the Service deploys an Electronic Fiscal System (EFS), any person making a taxable supply shall use the EFS for recording and reporting all supplies.

(2) Taxable persons shall be responsible for maintaining accurate records of all transactions passing through the EFS.

(3) The Service shall specify the fiscalisation system to be adopted and a transition arrangement for its implementation.

(4) The Service shall issue a regulation to give effect to the provisions of this section.