KUALA LUMPUR, Oct 7 —Approximately 160,000 taxpayers who have registered for e-Invoicing but are now exempted can choose whether to continue using the system or not.

Deputy Finance Minister Liew Chin Tong said they are part of the 1.1 million taxpayers among micro, small and medium enterprises (MSMEs) with annual sales of RM3 million or below, who are now exempt from implementing e-Invoicing.

However, Liew said a total of 164,435 taxpayers in this category had opted to implement e-Invoicing voluntarily.

“They can choose to continue, or they can choose not to continue,” he said when answering a supplementary question in the Dewan Rakyat today.

He was responding to a supplementary question from Jimmy Puah Wee Tse (PH-Tebrau), who wanted to know the number of business entities or companies exempted from implementing e-Invoicing, as well as the estimated impact of the exemption on the country’s potential tax revenue.