Public Agenda (Accra)

Ghana: Vat Service Introduces Electronic Cash Register

28 August 2009

The Value-Added Tax (VAT) Service is introducing an Electronic Cash Register (ECR) for use by retail businesses under the VAT Flat Rate Scheme (VFRS).

The device is expected to make it easier for businesses to charge VAT/NHIL and to avoid manual calculations of the 3% VAT Flat Rate, as well as, completion of the monthly return form (VAT 20).

A statement signed by Anthony Ewereko Minlah, Commissioner, said the ECR will be operated on a pilot basis for three months from September 1 to November 30, 2009 for some selected businesses in Accra - Okaishie, Adabraka, Tudu, Kokomlemle, etc.

The statement urged the public to take note of the features of the special ECR receipt, which include blue borders, name and TIN of business, amount of transaction, VAT charged, and VAT Logo, address and telephone number of VAT Service at the back.

It said this receipt will be a VAT invoice but where the customer requires the Commissioner's manual VAT invoice this must be provided.

Businesses operating the ECR are required to display a sticker on their premises clearly indicating the use of the device.

Tagged: Business, Business, Ghana, ICT, West Africa

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Comments 1 to 1 of 1 Post a comment

  • eposzim
    Dec 8 2009, 04:10
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    I would like to know the supplier for the Electronic Cash Registers that were installed by the VAT Services in Ghana.

    Well done Ghana thats what we need in Africa , we need to understand and appeciat how the government makes money and how that money can be used to improve the lives of the citizens of that nation

    Well done and continue leading by example.

    Regards Rob Makosa /Zimbabwe