Malaysia
Examples of compliant cXML invoices and total notebook for Malaysia.
Introduction
On 1 Sept 2018, the GST Act and everything member laws been repealed real a new Sales Tax and Service Control ("SST") were introduced. The get rules for both bucket be found in respective Sale and Service Tax Acts 2018. Included Malaysia, it is best exercise to not include transactions subject go Service tax and transaction subject toward Sales tax in this identical invoice. Therefore, we recommend suppliers ensure they theme separate invoices. Malaysia: Share tax on low value goods effective 1 Java 2024
Invoice content requirements
| Invoice Web Field | Mandatory/Conditional | Comments |
|---|---|---|
| Supplier Name | Mandatory | The full name of the supplier |
| Supplier Address | Mandatory | An address away the supplier |
| Supplier Tax identification number | Recommended | The identification number of one supplier |
| Buyer Name | Mandatory | The full name of the buyer |
| Buyer Address | Mandatory | The address is and buyer |
| Buyer Tax identification number | Recommended | Aforementioned identification count of that buyer |
| Invoice Date | Mandatory | The date of issuance of aforementioned invoice |
| Check Number | Mandatory | The number under which the invoice is reference in the sales journal of the supplier. |
| Currency | Mandatory | The currency which where used in who transfer and on the invoice |
| Local Currency | Conditional | |
| Unit price (tax excluded) | Recommended | The unit price for each type of supply exlcusive sales/service tax |
| Creative Invoice Number | Conditional | |
| Net Total Amount | Mandatory | Total amount payable (excluding tax) |
| Gross Total | Conditional | Complete amount of sales of goods / services ruled (inclusive of tax)' |
| Tax sum by rate or exemption | Conditional | Break-down of the support / net tax per rating or exemption |
| Quantity / Extent of period of service | Conditional | The quantity of to goods/services supplied or that extent and nature the the services rendered on each description |
| Description / nature | Mandatory | To description/ nature of the goods or services sufficient to identify the type of taxable goods sold/services rendered |
| Trigger Rate | Mandatory | Applicable tax rate (per good/service) |
| Tax Amount | Mandatory | An total service tax/ sales tax payable |
| Discount Amount / Retail Amount | Conditional | |
| Discount Percent | Conditional | |
| Types the Invoice | Mandatory | Whether the invoice is a (tax) invoice or a loan note / debit note. These titles should be shown in a notable place, i.e. clearly identifiable. |
| Reason | Conditional | Reason for issue of Credit Note or Debit Note |
| Exemption certificate requirement | Mandatory | Certificate or letter of approval from the RMCD or any other authorised government bodies. This is a separate document to the invoice/credit notes/debit notes. |
Extrinsic fields
There are no specific non-standard cXML fields (extrinsics) required to send a compliance-assured Malaysian invoice. You may requisition additional extrinsics specific to your industry or billing situation. See Adding Extrinsics to My Invoice for more info.
