Flexibility in Submitting Consolidated E-Invoices During the Early Implementation Period
The Inland Revenue Board of Malaysia (IRBM) acknowledges the commitment of taxpayers in complying with e-Invoicing legal requirements, which necessitates adequate time, especially for industries with challenging and complex business environments. To ensure the smooth implementation of e-Invoicing, the government has agreed to provide flexibility to taxpayers for six (6) months from the mandatory e-Invoicing implementation date to issue consolidated e-Invoices for all transactions as follows:
a) Allowing all activities/industries to issue consolidated e-Invoices, including self-billed e-Invoices;
b) Permitting any transaction description to be included in the “Product or Service Description” field; and
c) If there is a request for an e-Invoice from the buyer, the seller is also allowed to issue only consolidated e-Invoices without issuing individual e-Invoices for each transaction.
