Credit Card system
04/03/1991
Query
Breaches in time limit for issue of invoices due to practical requirements of the system.
Decision
Revenue prepared to accept minor breaches in the time limit for the issue of VAT invoices i.e. invoices issued before the end of the calendar month following the month during which the supplies were made would be acceptable. This was on the understanding that the numbers of such occurrences would be small-scale and likely to diminish over time.
Value Added Tax
Section 19 (1) (a), Value Added Tax Act, 1972
Origin: Indirect Taxes Policy and Legislation
File ref:A/159