Track & Trace
A comprehensive system for managing the release, storage, disposal, and sale of excisable and accountable products.
How it works?
• The government will require all merchants to apply a unique code identifier (stamp) to all merchandise.
• All merchandise information will be stored in a centralized system and shared with the government.
• The government will be able to track merchandise throughout its lifecycle—from manufacturer to distributor, retail sales, and ultimately to the consumer.
• All sales data will be visible to the government and the Department of VAT.
• VAT payments will be automatically processed for every sales transaction.
Track & Trace Labeling
ADVANTAGES
Enables government control of VAT at every stage
Efficiently simplifies identification of legal entities
Facilitates government monitoring of circulation.
Significantly increases tax revenue collection
Effectively limits counterfeit products distribution
Significantly increases tax revenue collection
More for Government
Fiscal Data Operating System
The TraxionOne Fiscal Data Operating System (FDOS) is an all-inclusive solution designed to promote a fair and competitive market while combating tax fraud. Its primary function is to collect and securely store data on all fiscal transactions.
Advantages of TraxionOne Track&Trace
- Boosts tax collection efficiency
- Simplifies precise auditing
- Enables online registration, avoiding tax office visits
- Collects detailed data on merchants and businesses
- Supports budget planning through big data analysis
- Automates smart notifications for operations
