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Knowledge Base Home | Glossary | Ask A Question Home > All Categories > Value Added Tax (VAT) > I need to install a computerised point of sale system in my retail outlet instead of the customary cash register. What should I do? I need to install a computerised point of sale system in my retail outlet instead of the customary cash register. What should I do? The point of sale system has to be certified by a practicing auditor. Each POS system has to have a number of features which are laid out specifically in the VAT Act. 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 an unique exemption number for that outlet. Authored by: Clive Farrugia This question has been viewed 1492 times so far. Click Here to View all the questions in Value Added Tax (VAT) category. File Attachments There are no attachment file(s) related to this question. How helpful was this article to you? Select a Vote 5 - Very Helpful 4 3 - Somewhat Helpful 2 1 - Not Helpful Related Questions If I have cash flow problems and I cannot settle the VAT due, what would be the implications if I don’t settle the amount? Can I register as an exempt person? What are the major changes for an importer under the new VAT Act since Malta has become part of the European Community? Additional Information Article Number: 29 Created: 2006-09-27 10:19 AM Rating:   Article Options Print this Question Export to PDF File del.icio.us Bookmark   Search Knowledge Base

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