IRBM extends e-Invoice transitional period for Phase 4 and allows consolidated e-Invoice for wholesalers and retailers of construction materials
The Inland Revenue Board of Malaysia (IRBM) has announced the following updates on e-Invoice implementation:
- • Taxpayers under Phase 4 of the e-Invoice implementation will be granted a 12-month transitional period from 1 January 2026 to 31 December 2026 instead of the previously announced 6-month period.
- • Taxpayers in the wholesale and retail construction materials industry are now allowed to issue consolidated e-Invoices effective 1 January 2026.
Following the announcement, IRBM has updated the following documents:
- • e-Invoice Specific Guideline
- • implementation of e-Invoice in Malaysia Frequently Asked Questions (FAQs)
- • implementation of e-Invoice in Malaysia Frequently Asked Questions (FAQs) for construction industry.
The key highlights as follows:
- • During the transitional period, IRBM will not impose penalties provided taxpayers comply with the following conditions:
- – issuing consolidated e-Invoices for all activities and transactions, including those listed under section 3.7 of the e-Invoice Specific Guideline and to buyers or suppliers who specifically request an individual e-Invoice or individual self-billed e-Invoice
- – issuing consolidated self-billed e-Invoices for all transactions outlined under section 8.3 of the e-Invoice Specific Guideline, and
- – inputting any information or details of the transaction in the “Description of product or services” field of the consolidated e-Invoice or consolidated self-billed e-Invoice.
- • Taxpayers in the wholesale and retail of construction materials industry are only required to issue individual e-Invoices for:
- – transactions exceeding RM10,000, or
- – transactions where an individual e-Invoice is specifically requested by the buyer.