Application of the Article 59 of the Executive Regulations: Tax Invoices

There are a number of circumstances in which businesses have sought clarity over the application of the Tax Invoice Requirements. Most important highlight in this clarification is stating that, whether Taxable Person is issuing Full Tax Invoice or Simplified Tax Invoice, the same should be issued and delivered to the recipient.

Further, this clarification can be divided into 4 parts:
1) Full Tax Invoice Requirements
2) Simplified Tax Invoice Requirements
3) Tax Invoices issued in Foreign Currency
4) Rounding off of Tax Invoice Values