On 26 July 2024, the Inland Revenue Board of Malaysia (IRBM) released a media statement titled, “Flexibility to Submit Consolidated e-Invoices during the Initial Period of Implementation of e-invoices”.
The announcement provides taxpayers with a 6-month grace period starting from 1 August 2024, which includes the following provisions:
- Taxpayers may issue consolidated e-invoices for all transactions with the following allowances:
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- Allowing all activities/indust…