Loading...

What is the difference between income bill and general income bill?

What is the difference between income bill and general income bill?

The parties obligated to issue an electronic invoice in Jordan are any seller of a product or service provider whose value is not less than one dinar. The seller represents (companies, institutions, establishments, craftsmen and professionals, and service providers).

<p>Entities Exempted from the National Billing System in Jordan<br /> The following are exempt from the provisions of the Jordanian National Billing Regulation System:</p> <p>1- Licensed establishments and businesses with annual sales less than 75,000 dinars. These establishments include:</p> <p>Mini-markets.</p> <p>Supermarkets.</p> <p>Shops.</p> <p>Bookstores and stationery stores.</p> <p>Fruit and vegetable shops.</p> <p>Household appliance stores.</p> <p>Dairy stores.</p> <p>Bakeries.</p> <p>Popular restaurants.</p> <p>Sewing equipment stores.</p> <p>2- Licensed crafts within the Kingdom with annual revenues less than 30,000 dinars.</p> <p>3- Bakeries that sell only bread and with annual sales less than 150,000 dinars.</p> <p>Which entities are responsible for implementing and regulating electronic billing in Jordan? The primary entity responsible for implementing electronic invoicing in Jordan is the Income and Sales Tax Department at the Ministry of Finance. The entities regulating electronic invoicing in the Kingdom are:</p> <p>A committee providing technical support for the National Electronic Invoicing System for establishments, companies, institutions, and individuals.</p> <p>A committee for raising awareness and monitoring the implementation of the National Invoicing System in the commercial sector.</p> <p>A committee for raising awareness and monitoring the implementation of the National Invoicing System in unions and professions.</p> <p>A committee for raising awareness and monitoring the implementation of the National Invoicing System in the professions and crafts sector.</p> <p>A committee for raising awareness and monitoring the implementation of the National Invoicing System in the services sector.</p> <p>Finally, a committee for raising awareness and monitoring the implementation of the National Invoicing System in the industrial sector.</p> <p>Consequences of not registering in the Jordanian National Invoicing System<br /> The consequences of not registering in the Jordanian National Invoicing System are a &quot;compensatory fine equal to the tax difference for anyone who fails to issue a tax invoice.&quot; A closing transaction for the violating entity is entered with the Income and Sales Tax Department as a credit transaction.</p>

website.Dont forget to ask about Company Pos System

website.Dont forget to ask about Company Pos System description

website.contact_us
Need Help?