Illustration 18: Tenants need to issue self-billed e-Invoices for rental with multiple landlords who are not conducting a business
Example based on Illustration 18: Tech Grow Solutions Sdn Bhd rents an office space owned by three siblings – Amir, Bina, and Siti. None of the siblings are conducting a business. The monthly rent is RM15,000, split among the siblings as follows: – Amir: 40% (RM6,000) – Bina: 35% (RM5,250) – Chong: 25% (RM3,750) In […]
Illustration 19: Buyers are not required to issue self-billed e-Invoice if the interest payment is made to a financial institution
Example based on Illustration 19: Sarah, a software engineer, has secured a car loan from MegaBank Berhad to finance the purchase of her new car. The details of her loan are as follows: – Car price: RM80,000 – Loan amount: RM72,000 (90% of car price) – Loan tenure: 7 years – Interest rate: 3.5% per […]
Illustration 20: Buyers are required to issue a self-billed e-Invoice on interest payments made to related companies (non-financial institution)
Example based on Illustration 20: Tech Grow Solutions Sdn Bhd, a subsidiary company, has obtained a loan of RM1,000,000 from its holding company, Innovate Tech Berhad. The loan details are as follows: – Loan amount: RM1,000,000 – Interest rate: 5% per annum – Loan tenure: 3 years – Interest payment: Made annually In this scenario: […]
Illustration 21: Buyer (Payor) shall issue self-billed e-Invoice to applicable transactions for payments to agents, dealers and distributors (i.e., Commission)
Example based on Illustration 21: Auto Max Sdn Bhd is a car manufacturer, and Aziz is a car dealer with Auto Max Sdn Bhd. In July 2025: – Aziz sells a luxury car model for RM500,000 – His commission rate is 3% of the sale price – Auto Max Sdn Bhd also provides Aziz with […]
Illustration 22: Malaysian Buyers are required to issue self-billed e-invoices for services acquired from Foreign Sellers
Example based on Illustration 22: Malay Tech Solutions Sdn Bhd, a Malaysian IT company, engages Global Legal LLP, a law firm based in the United Kingdom, for legal advice on international intellectual property rights. The details of the transaction are: – Service: Legal consultation – Fee: £10,000 (approximately RM60,000) – Service completion date: 15 August […]
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: […]
