On 26 July 2024, the Inland Revenue Board of Malaysia (IRBM) released a media statement titled,  “Flexibility to Submit Consolidated e-Invoices during the Initial Period of Implementation of e-invoices”.   The announcement provides taxpayers with a 6-month grace period starting from 1 August 2024, which includes the following provisions:   Taxpayers may issue consolidated e-invoices for all transactions with the following allowances: Allowing all activities/industries to issue consolidated e-invoices, including self-billed e-invoices. Allowing any transaction description to be entered in the "Product or Service Description" field. If there is an e-invoice request from the buyer, the seller may issue a...