GST SIMPLIFIED TAX INVOICE GST Registered person can issue simplified tax invoice upon approval from DG. This type of invoice is used by retailers who normally generate large volume of invoices daily to the end consumers. Examples : supermarket, restaurants, petrol kiosks and other point of sales outlets. It can take a form of an invoice, receipt, voucher or any other similar document as long as it has all the required information of a simplified tax invoice. For the purpose of claiming input tax credit : Simplified tax invoice can be used to claim input tax. But an approved tax invoice without the name and address of the recipient, the allowed input tax claimed is RM30.00 or less. Therefore, you need to request a full tax invoice in order to claim the full value if it is more than RM30.00.
GST SIMPLIFIED TAX INVOICEGST Registered person can issue
simplified tax invoiceupon approvalfrom DG. This type of invoice is
used by retailers who normally generatelarge volumeof invoices
daily to the end consumers. Examples : supermarket, restaurants,
petrol kiosks and other point of sales outlets.It can take a form
of an invoice, receipt, voucher or any other similar document as
long as it has all the required information of a simplified tax
invoice.For the purpose of claiming input tax credit : Simplified
tax invoice can be used to claim input tax. But an approved tax
invoice without the name and address of the recipient, the allowed
input tax claimed isRM30.00 or less. Therefore, you need to request
a full tax invoice in order to claim the full value if it is more
than RM30.00.
