For example, the following amendments were proposed:
Article 53:
New events for issuance of tax invoices (e.g., export)
Addition of the requirement for both a supplier and a customer to be registered for VAT in order to issue self-billed tax invoices
Added that a summary tax invoice may be issued for the supplies during the period not exceeding 1 calendar month
Extended rules for simplified tax invoices
Added powers of ZATCA’s Governor to suspend or cancel the e-invoicing obligations to a category of taxpayers or to a specific taxpayer.
Article 54: added that in case an error in the supplier’s or customer’s data was detected in the invoice, the supplier must provide the customer with a debit or credit note.
Article 66: added a requirement to store electronic invoices and credit/debit notes in accordance with the e-invoicing regulations.
Source Aurifer / Thomas Vanhee
For all other newsitems related to the implementation of E-Invoicing in Saudi-Arabia on December 4, 2021, click HERE.
