Treasury Under Fire for MDAs’ Failure to Adopt eTIMS for Invoicing

• The Treasury is under scrutiny for the failure of MDAs to onboard their services on the eTIMS
• The National Assembly’s Finance and National Planning Committee will question Treasury Cabinet Secretary Njuguna Ndung’u on this issue
• The government had set a deadline of January 1, 2024, for the implementation of electronic invoicing, which was later extended to March 30
• All entities, public or private, were expected to be onboarded on the eTIMS by April 1
• KRA was required to monitor transactions and have better visibility of VAT refunds by companies

Source: businessdailyafrica.com

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.

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