Expression Of Interest For Implementation Of A Digital Tax Stamps Solution Through A Public Private Partners ...

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Expression Of Interest Are Invited For Implementation Of A Digital Tax Stamps Solution Through A Public Private Partnership ArrangementOnly Shortlisted Firms Will Be Issued With A Request For Proposal Document For Further Participation Upon Payment Of A Non Refundable Fee Of Zmw10 000 00 Or Its Equivalent In Any Freely Convertible Currency At The Prevailing Exchange Rate In Cash Or By Bank Certified Cheque The Zambia Revenue Authority Zra Has Been Using Manual Tax Stamps On Cigarettes As A Way Of Reducing Illegal Importation And Manufacturing Of Cigarettes These Stamps Are Supplied To The Authority On Demand By The Current Stamp Supplier Having Had Lessons From The Manual Cigarette Tax Stamps Zra Intends To Introduce A Digital Tax Stamp Dts Solution That Will Have Amongst Others Track And Trace Features The Digital Tax Stamps Solution Is A Solution Intended To Improve Excise Revenue Collections The Solution Encompasses A Wide Variety Of Security Features That Will Make It Difficult For Excise Duties To Be Under Declared As The Affixing Of Stamps And Production Will Be Automated And Monitored In Real Time Problem Statement The Zambia Revenue Authority Currently Affixes Paper Tax Stamps On Cigarettes Only But It Has Continued To Face Many Challenges In Collecting Taxes On Cigarettes And Other Excisable Products The Main Challenges With The Current Manual Tax Stamp System Are I The Inability To Track Goods Right From The Production Lines And Customs Entry Points To Sales Or The Market Ii Lack Of Effective Stamp Usage Accountability Iii The Difficulty In Reconciliation Of The Usage Of The Tax Stamps Iv Administration Costs With The Current Tax Stamp System V Loss Of Revenue For The Government Due To Unmonitored Production Levels And 2 Vi Loss Of Revenue Due To Smuggling Based On The Stated Challenges Above Zambia Revenue Authority Seeks To Find A Better Way Of Minimizing The Challenges Listed Above And Enhance Excise Revenue Collections As The Current Tax Stamps Have Failed To Address The Issues A More Comprehensive Solution Seen So Far That Can Remedy The Situation Would Be The Employment Of The Digital Tax Stamp Solution Description Of A Digital Tax Stamps Solution The Digital Tax Stamp Solution Would Be Incorporated In The Production Facility Of Manufacturers Of Products Liable To Excise Duty As The Final Product Is Being Stamped On The Production Line There Would Be Real Time Communication To Zra Of The Quantities That Have Come Off The Production Line As All The Stamps Issued To The Manufacturer Will Be Accounted For The Solution Encompasses A Wide Variety Of Security Features That Will Make It Difficult For Excise Duties To Be Under Declared As The Affixing Of Stamps And Production Will Be Automated And Monitored In Real Time The Stamps Produced From The Dts Will Have Track And Trace Features Which Would Facilitate Monitoring Of The Product Even After It Has Left The Production Facility The Solution Takes Advantage Of Digital Printing Technology To Produce 2D Barcodes Which Make Each Tax Stamp Unique And Secure The Stamp Can Also Be Configured To Include Service Information And Also Tax Data Which Is Verifiable When Scanned The Solution Will Enable Members Of The Public Consuming Excisable Products To Even Verify The Authenticity Of Products Bearing A Digital Stamp And Reporting Culprits And Their Suspicious Products Directly To Zambia Revenue Authority

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