The Malaysian buyer must issue a self-billed e-Invoice for the transaction.
The Malaysian seller must issue an e-Invoice to the foreign buyer.
In relation to importation of goods, the Malaysian Purchaser should issue a self-billed e-Invoice latest by the end of the second month following the month of customs clearance is obtained.
Meanwhile, in relation to importation of services, self-billed e-Invoice should be issued latest by the end of the month following the month upon (1) payment made by the Malaysian Purchaser; or (2) receipt of invoice from foreign supplier, whichever earlier. The determination of the aforementioned (1) and (2) is in accordance with the prevailing rules applicable for imported taxable service.
For transactions in foreign currencies, the exchange rate must be determined based on legal requirements or internal policies.
