According to the VAT Act, the VAT paid by the customer is collected by the shop owners and deposited in the government treasury after the stipulated time. It is necessary to ensure that the VAT paid by the customer is properly deposited in the government treasury on time. To this end, in order to ensure transparency and accountability in tax collection, Electronic Fiscal Device Management system (EFDMS) has been introduced for storage of sales information of goods / services and collection of tax amount.
Electronic Fiscal Device (EFD) or Sales Data Controller (SDC) machines, are part of the automated system. Based on the invoices issued from these machines, it has been decided to give financial reward to the buyer through lottery. So after purchasing the product or service, understand the invoice issued from the EFD machine and save it carefully.
This app has been created for preservation of that invoice number which is issued from EFD machine. Your invoice will be considered as a coupon in the monthly lottery draw. So after purchasing the product or service, please scan QR code which has in the bottom of your invoice. Your scanned coupon will be preserved in your account. After publishing lottery draw of every month, system will check & notify, if you own the rewards. As a lucky buyer you can also get a prize of lakhs taka.
There are a total of 101 prizes in the VAT EFDMS lottery. The number and value of the prizes are given below:
1. First Prize - 1 Person – Value 1,00,000 taka
2. Second Prize – 1 Person - Value 50,000 taka
3. Third prize – 5 Persons - Value 25,000 taka
4. Fourth prize - 94 Persons- Value 10,000 taka