The issuers of electronic invoices, according to the announcement of the Tax Affairs Organization, should pay attention so that the time interval between issuing an electronic invoice and sending it to the tax system does not exceed one week
According to Iran digital economy annotation, the Center for Regulatory Regulation, Store Terminal System and Taxpayer System of Tax Affairs Organization has issued a notice regarding the implementation of the Law on Facilitating Taxpayers’ Tasks in the Implementation of the Law on Store Terminals and Taxpayer System from January 1, 2024. In the notification of this center, taxpayers are warned that based on the instructions for issuing electronic invoices, the time interval between the date of issuing the invoice and sending it to the taxpayer system should not be more than one week.
Some time ago, during the amendment of Article 1 of the Law on Facilitation of Taxpayers’ Duties for the implementation of the Law on Store Terminals and the Taxpayer System, the parliament had mandated that all natural and legal entities be required to issue electronic invoices from January 1st.
The tax affairs organization predicted that this law would be implemented in 6 stages within one year, but the different phases of its implementation were postponed at different times. In the first phase, listed companies were supposed to be connected to Modian’s system at the beginning of November 2023, and after that, all government companies and executive bodies were to be connected to the system from January of that year.
In the second phase, all legal entities were required to implement the law from April 1, 2023 and register their invoices in the system on a daily basis, but until then many taxpayers had not managed to connect to the system.
This issue made the MPs decide to postpone the implementation of this phase in July this year. In this regard, all listed companies, over-the-counter companies, government companies and other executive bodies were required to issue their invoices electronically from January 1st.
Therefore, at the beginning of February, the Regulatory Center of the Tax Affairs Organization issued an instruction in which explanations were given. In this announcement, all natural persons whose net sales of goods and services in 2024 exceeded 18 billion Tomans by the end of September 2023 are required to issue electronic invoices. Also, the natural persons subject to Section 2, Clause 1, Note 6 of Budget 2024 with any amount of sales of goods and services and suppliers of goods and services related to gold, jewelry and platinum are required to with any amount of sales.
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