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

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.

Its Minister, Tengku Datuk Seri Zafrul Abdul Aziz said the e-invoice system will only apply to companies with annual revenue or sales exceeding RM100 million and is expected not to affect small vehicle sales companies.