Are consolidated self-billed e-Invoices still allowed after the grace period?
Are consolidated self-billed e-invoices still allowed after the grace period 1. Introduction: This post addresses the question of whether businesses can continue to issue consolidated self-billed e-invoices for purchases from individuals not conducting business after the 6-month grace period. 2. Self-Billed E-Invoice Circumstances: As per the e-invoice specific guideline paragraph 8.3, there are only 8 […]
Which party should issue the e-Invoice? using TNG eWallet for payments
In the scenario where merchants or financial partners use the TNG eWallet for payments, purchases of financial products, or services, the responsibility to issue e-Invoices falls on the party providing the goods or services. Here are a few examples to clarify: Example 1: Retail Purchase Merchant: ABC Grocery Store User: John uses TNG eWallet to pay for his groceries at ABC […]
Who can access e-Invoice from Merchant Dashboard?
Here’s an example to explain who can access e-Invoices from the TNG Merchant Dashboard: Example: Coffee Shop Owner Merchant: Jane owns a coffee shop called “Brew Bliss” and uses TNG eWallet to accept payments from her customers. Business Scenario:Customers pay for their coffee using TNG eWallet.After each transaction, an e-Invoice is generated for record-keeping. Accessing e-Invoice: Who […]
Mastering e-Invoices: Transactions between Collecting Centres and Plantation Companies/Small Plantation Owner
Mastering e-invoices: A best practice guide for transactions between Collecting Centres and plantation companies The handling of e-invoices for transactions between plantation companies and Collecting Centres does require consideration of different scenarios: 1. Small Plantation Owner situation: If the seller is a smallholder (individual, not a company), the Collecting Centre can issue a self-billed e-invoice. […]
Do I need to prepare a self-billed e-Invoice for an agent iPhone and a travel reward?
Do I need to prepare a self-billed e-invoice for an agent’s iPhone and travel rewards? Just a very good question, which touches on the treatment of non-monetary incentives. For this, we need to refer to the classification code file, in particular code 045, which is specifically for non-monetary incentives. Let’s analyse this situation in detail: […]
