GOVT EXPANDS CONSOLIDATED E-INVOICE PROHIBITION TO POWER, TELECOM INDUSTRIES

KUALA LUMPUR, Nov 24 (Bernama) -- Consolidated e-Invoices will not be permitted to be issued for business transactions valued at over RM10,000 as well as by the electric power and telecommunications industries starting Jan 1, 2026.

Deputy Finance Minister Lim Hui Ying said the additional consolidated e-Invoicing prohibition for the power industry involves the country’s primary service providers involved in the distribution, supply, or sale of electricity to end users.

As for the telecommunications industry, it covers service providers offering postpaid plans, Internet subscriptions, and electronic device bundle packages to customers,” she said in the Dewan Rakyat in response to a supplementary question from Syed Ibrahim Syed Noh (PH-Ledang) regarding specific guidelines established for the types of transactions that are permitted to be consolidated under the e-Invoicing system.

Meanwhile, Lim said businesses are allowed to consolidate sales and service transactions for certain transactions based on the receipt details issued to buyers.

She said traders, however, must submit the receipt details to the Inland Revenue Board within the first seven days of the following month.

The government, through the Finance Ministry, has previously determined seven activities and industries that are prohibited from issuing consolidated e-Invoices.

The industries and transactions are the automotive industry (sale of motor vehicles), flight tickets and private charters, gold products and luxury goods, construction industry, wholesale/retail of construction materials, licensed betting and gaming activities, and payment to agents or distributors.

-- BERNAMA