All VAT-registered businesses will be required to only accept electronic invoices from registered taxpayers starting June 1 2023.
According to a statement from the KRA Commissioner General, the move is in compliance with the VAT (Electronic Tax Invoice) Regulations 2020 for purposes of claiming input tax and processing of refunds.
Source: allafrica.com
Latest Posts in "Kenya"
- Kenya Implements New Import Compliance Obligations
- Kenya High Court Rules Payment Services as VAT-Exempt, Overturns Tribunal Decision
- KRA Reminds Operators to Renew Bonded Warehouse and MUB Licenses by December 2025
- KRA Reminds Transporters to Renew Transit Goods Vehicle Licenses by October 31
- KRA Announces Customs Agents License Renewal Applications for 2026