Invoice Rejection Mechanism

Ik_Am

a. Within how many days must invoice rejections be communicated?
b. Will there be required to officially confirm to government (on portal) if respective invoice is accepted or rejected?
If yes:
What will be the maximum time frame for acceptance/rejection?
Will there be an option for invoice rejection via governmental portal?
Can supplier recall/cancel/delete invoice in governmental portal?
Is there timeframe for uploading invoices to portal?

SysAdmin

Dear Ik_Am

Please find our response below:

Within how many days must invoice rejections be communicated? 72 hours
Will there be required to officially confirm to government (on portal) if respective invoice is accepted or rejected? Invoice acceptance is tied to transmission (exchange) activities between a buyer & seller. When an invoice is created, the invoice entry status shows "New Entry", when transmission is initiated by the APP of the supplier, it changes to "Transmitting", when the APP of the buyer acknowledges (accepts) receipts it changes to "Transmitted"
Invoice Rejection is tied to payment (update) activities which can only be triggered by the supplier (issuer of the invoice)

If yes:

What will be the maximum time frame for acceptance/rejection? Based on the above background, there is no time frame for acceptance. However, the rejection timeframe is 72 hours. Please note that only an invoice that has not materialized (unpaid invoice, i.e. pending) can be rejected.
Will there be an option for invoice rejection via governmental portal? No
Can supplier recall/cancel/delete invoice in governmental portal? Invoices already signed cannot be recalled, canceled or deleted. If there is an error and the invoice status is paid, you can issue a credit note or debit note to correct it. If it is not paid (i.e., pending), you can reject it or leave it as pending because it will count as an unmaterialized invoice.
Is there timeframe for uploading invoices to portal? For B2B, it follows the clearance model of CTC, which means invoices must first be validated by the government before they can become a financial instrument, while B2C follows the reporting model of CTC, which typically the end of the day. The government will continue to release more regulations on this as we progress.