As previously mentioned, electronic invoicing was mandated to start on 1 July 2024, but the ZRA has postponed penalties for non-compliance, allowing businesses more time to comply.
The Smart Invoice System launched on 19 March 2024, aims to streamline VAT refunds and enhance revenue administration by reducing tax leaks. During the grace period, taxpayers must register and consistently use the Smart Invoice System, whether they opt for desktop or online solutions.
ZRA emphasized tha…