Navigating the Latest E-Invoicing Regulations

• Mandatory Buyer Information: E-invoices for individuals must include tax ID (NPWP) or national ID/passport. For motor vehicles, include brand, variant, and chassis; for land/buildings, full address details are required.

• Transaction and Currency Updates: Foreign currency transactions must apply exchange rates valid when the e-invoice should be issued. Code 05 introduced for specific VAT collection scenarios under Article 9A of the VAT Law.

• NSFP and E-Signature Requirements: NSFP issued by Coretax after validation. E-invoices must be signed by authorized signatories with electronic signatures matching official IDs/passports. Multiple signatories can be registered in the e-invoice system.

• Host-to-Host (H2H) and Upload Deadlines: Only official DGT-partnered PJAPs may use H2H systems. E-invoices must be uploaded by the 15th of the following month; late uploads are rejected and deemed invalid for VAT.

• Retail and Paper Invoicing: Retail traders’ invoices don’t require buyer identity or signatures and can’t be used for input tax credit. Paper invoices are allowed in emergencies but must be uploaded later for DGT approval.

• VAT Crediting and Exemptions: Input tax credits allowed for incomplete invoices caused by seller errors. PKP in bonded zones/SEZs are exempt from e-invoicing for certain deliveries, such as exports or direct sales to consumers.

• Coretax Integration and Compliance: Coretax integrates tax functions, enhancing transparency and fraud prevention. PKP must use e-Faktur, obtain e-certificates, and secure NSFP. Non-compliance risks fines (1% of tax base) or audits.

Source: www.fiscal-requirements.com