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E-Invoice Implementation for Travel and Tourism Industry
REGISTRATION FEE (RM) The registration fees are exclusive of Service Tax
CTIM Member (25WS/002)
360
CTIM Student (25WS/002)
360
Members Firm Staff (25WS/002)
415
Closing Date | 11 March 2025
INTRODUCTION
The Income Tax Act 1967 had introduced the mandatory requirement by all business entities to implement the e-Invoice. The implementation of e-Invoicing is intended to support Malaysia’s digital economy growth and aims to improve the efficiency of business operation and government tax administration. Understanding the scope of e-Invoice, the technological transmission mechanism will help taxpayer to implement the e-Invoice process more effectively. This event covers both general operational transactions and specific industries transactions for tour and travel industry.
COURSE OUTLINE
Module 1 – Scope of E-Invoice
• What is E-Invoice?
• Benefits to taxpayers
• Type of transactions
• Implementation timeline
• Revenue determinant
Module 2 – Type of exemptions
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Foreign diplomatic office
-
Individual who is not conducting business
-
Statutory body, statutory authority and local authority
-
Taxpayer with an annual turnover or revenue of less than RM150,000
Module 3 – Transmission mechanism
• MyInvois Portal
• API-Taxpayer’s system
• API-Peppol
• API-Middleware
Module 4 – Type of E-Invoice transactions
• Invoice
• Credit note
• Debit note
• Refund note
Module 5 – Required field
• Party and contact details
• Invoice details & unique ID No.
• Product & service details
• Payment information & additional field
Module 6 – General operational transactions
• Disbursement & reimbursement
• Perquisites and benefits
• Profit distribution and dividend
• Currency exchange rate
• Cross border transaction
• Foreign income
Module 7 – Specific Industries transactions
• Airline operator
• Hotel and resort
• Travelling agent
• Tour operator/ tour guide
• Inbound and outbound tour package
• Overseas agent and online platform
Module 8 – Practical Implementation
• MyInvois portal
• Configuration of Company Profile
• Configuration of Customer Profile
• Configuration of Supplier Profile
• Classification code Setting
• E-Invoice Template
