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 In a context of globalisation of the economy it is patently obvious that improvement of the competitiveness of Fijis economic operators is of capital importance. In this context, the DSS is a government initiative introduced as part of the Investment Package to enable Fiji exporters to use world priced imported raw materials to produce more internationally competitive products.
In a nutshell, it refers to importation of goods on which fiscal duty and VAT is not payable upfront on the condition that such goods are intended for manufacturing or processing and subsequent exportation. In addition to this, it is envisaged that the scheme would release resources tied up with duty and VAT for export products enabling exporters to operate their maximum potential.
The Scheme therefore contributes to achieving a balance of trade by encouraging exports. It also brings an active element to this balance, namely the increase in value that occurs when raw materials and labour of Fiji are combined with goods imported under the system and re-exported after processing into a substantially transformed product. The scheme also assists unemployment since it creates jobs within Fiji.
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