The Malaysian Inland Revenue (LHDN) will launch a pilot in May 2024 with over 50 businesses to trial its new Continuous Transaction Control (CTC) e-invoicing model. This model requires sales invoices (XML) to be sent to the tax authorities for verification via the government’s API.
Source vatcalc
- Join the Linkedin Group on Global E-Invoicing/E-Reporting/SAF-T Developments, click HERE