What is the procedure to install a point of sale system instead of my existing cash register?
A POS system is required to have a number of features which are laid out specifically in the VAT Act. The POS system has to be checked and certified by a practicing auditor. Once an auditor is satisfied that it complies with the Act, he will issue an audit certificate which is to be sent to the VAT Department with a technical certificate issued by the supplier of the POS system. The VAT Department will then issue an exemption certificate with a unique exemption number.