e-Invoice Quiz

What must be included in a validated e-Invoice?

• Supplier's signature

• A QR code

• Bank details

• Customer's address

What is required for the issuance of a self-billed e-invoice?

• Issued by the buyer on behalf of the seller

• Issued by the government

• Issued by a third-party service provider

• Issued by the LHDN

Which section of the Income Tax Act was amended to include provisions for e-invoicing?

• Section 72

• Section 82

• Section 92

• Section 102

What is an e-Invoice?

• A printed invoice

• A handwritten invoice

• A digital representation of a transaction between a supplier and a buyer

• None of the above

What does the QR code on an e-invoice allow?

• Verification of the invoice existence and status

• Payment processing

• Printing of the invoice

• Emailing the invoice

Which formats are acceptable for e-invoices as per LHDN?

• PDF and DOC

• JPG and PNG

• JSON and XML

• All of the above

What is the main purpose of e-Invoicing?

• To increase paperwork

• To validate documents by LHDN and prevent misuse

• To avoid paying taxes

• To replace all financial transactions

What is the main benefit of e-Invoicing for businesses?

• Increases paperwork

• Delays transactions

• Captures transactional financial data in real-time

• Requires more manual processing

What does Section 82b of the Income Tax Act outline?

• The requirement to issue physical invoices

• The duty to provide information and furnish documents using electronic mediums

• The exemption from issuing any invoices

• The process for manual invoice validation

When is a consolidated e-invoice required to be issued?

• For every single transaction

• When individual e-invoices are not issued to buyers who do not require them

• Only for international transactions

• When a transaction is less than RM 100