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Finance: Customs approval of export invoices is conditional on their issuance from the electronic system


The Minister of Finance, Mohamed Maait, confirmed that we are proceeding strongly, with great support and careful follow-up from the political leadership, in completing the process of modernizing and mechanizing the tax and customs management systems, which contributes to achieving Egypt’s Vision 2030 for digital transformation, pointing out that Resolution No. (291) of 2021 regarding standard codes was issued. The unified items in the electronic tax invoice, explaining that according to this decision, financiers registered on the electronic invoice system and those working in the field of import are obligated to use the unified standard code for imported goods and services in accordance with the coding systems used in the electronic invoice system (GS1) upon customs release.

 

He explained that in the case of importing goods or services according to their condition upon import and coded in the import invoice with the unified international code approved by the Egyptian Tax Authority (GS1), the same code is used when dealing with the electronic invoice system.

 

The Minister of Finance indicated that in the case of importing goods or services according to their condition upon import and not coded in the import invoice with the unified international code approved by the Egyptian Tax Authority (GS1), the code contained in the import invoice is used after it is linked to the commodity group classification system (GPC) according to the system The coding applied in the electronic invoice system when dealing with the system, where the (EGS coding systems for taxes) codes are obtained, and the codes of imported goods are used as an internal code for the commodity.

 

He stressed that in light of the stages of obligating the tax community to the electronic invoice system, the Customs Authority does not consider export invoices unless they are invoices issued by the electronic invoice system.

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