E-invoice implementation will not impact overall vehicle sales this year: Miti

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E-invoice implementation will not impact overall vehicle sales this year: Miti
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  • 📰 DailyExpress_MY
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KUALA LUMPUR: The Ministry of Investment, Trade and Industry (Miti) believes that the implementation of electronic invoicing (e-invoice), scheduled to begin next month, will not impact the overall vehicle sales for this year.

KUALA LUMPUR: The Ministry of Investment, Trade and Industry believes that the implementation of electronic invoicing , scheduled to begin next month, will not impact the overall vehicle sales for this year.

“However, there may be concerns among smaller companies because it will involve systems they need to have,” he told the media after launching the Halal Accreditation and Technology Improvement initiative here today. “However, we know there are concerns because some offer full financing for car purchases, so with e-invoice, it makes transactions more transparent, and this practice can no longer be done,” he added.

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