DFDL Commentary:Īny measure taken by the GDT to provide certainty and consistency with respect to the issuance of tax invoices should be welcomed by most taxpayers. The standard penalties apply under the Law on Taxation with respect to a VAT registered taxpayer who fails to issue an invoice or incorrect invoice which include re-assessment, business closure, fines or imprisonment. VAT registered taxpayers shall issue invoices in a chronological order all and shall preserve the document for taxation purposes for a period of 10 years. VAT registered taxpayers must issue a tax invoice for all supplies of goods or services to taxpayers or commercial invoices to non-taxpayers. All invoices shall be written or printed in Khmer, or both Khmer and English, and the English text shall be under the Khmer text.The ink quality printed in the invoice and the invoice paper shall be able to be kept for a long period of time and.Total prices excluding tax and separate tax amount.Description, quantity, and selling price of the goods or services.Name and address of the purchaser and value-added tax identification number in case the purchaser is a taxpayer under the self-assessed regime.Clear invoice number in a chronological order and date of issuance of the invoice.Name, address, and value-added tax identification number (VATTIN) of the seller or supplier.As per Notification 1127 a VAT invoice is now required to include the following: Notification 1127 restates the VAT invoice requires as set out in the Law on Taxation and adds some addition requirements for good measure (emphasized in italics below). These templates will not be able to be used to claim VAT input credits. The invoice templates (2) and (4) shall be used by VAT registered taxpayers for issuance to non-VAT register taxpayers. These templates can be used by the VAT registered recipients (customer) of the good or service to claim a VAT input credit and a deductible expense for tax on profit purposes. The invoice templates (1) and (3) shall be used by VAT registered taxpayers to customers of theirs who are also VAT registered taxpayers. The invoice templates (1) and (2) are to be used for handwritten or computer printed copies, whilst templates (3) and (4) are to be used by a point of sale (POS) terminal or computer billing system. 1127 and we have included these in the link at the bottom of this article for your reference. The GDT provided four types of invoice templates as annexes to Instruction No. Any invoice which does not conform to the requirements of Instruction 1127 shall not be permitted to be used to obtain a VAT input credit or to claim as an expense with respect to tax on profit.All VAT registered taxpayers under the revised real regime of taxation (“RRT”) are required to issue an invoice for every sale or supply of goods or services in accordance with the 4 invoice templates that have been provided by the GDT – (please refer to the link at the bottom of this article to see the four templates that have been issued by the GDT).The key points to be taken from Instruction 1127 are as follows: 1127 issued by the General Department of Taxation (“GDT”) on the 26 th of January 2016 provides important instructions on the issuance of invoices for taxpayers who are registered under the revised real regime of taxation – commonly referred to as the self-assessed regime ( for further information about the abolishment of the estimated tax regime and revision of the real regime, please click here).
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