Proposal: No. (7-2-21) and the date of 04/04/1443 H, which included the amendment of articles (fifty-third, fifty-fourth, sixty-sixth) of the VAT regulations, One of these important amendments is the addition of a new paragraph (10) to Article 53, which states: “The Authority has the power to suspend or revoke the obligation to apply the provisions of the Electronic Billing Regulation – in whole or in part – to a category of designated persons or officials after examining the reasons for this, and may issue decisions. This provides an estimated space for the Authority to have the power to exempt a certain number of taxpayers or to give them additional time to do what is necessary to ensure compliance with the requirements of the Internet Billing Regulation.
Source gov.sa
Latest Posts in "Saudi Arabia"
- Saudi Arabia to implement new excise tax method for sweetened beverages
- The Ministry of Finance defined penalties for non-compliance with the e-invoicing system
- Saudi Arabia 2025: Stricter Excise Tax Rules, Digital Tracking, and Tougher Penalties Announced
- Saudi VAT Grouping Overhauled: Stricter Criteria, New Exclusions, and Compliance Demands for 2025
- ZATCA Calls on Taxpayers to Benefit from Fines Cancellation and Penalties Exemption Before Deadline
