What is E-Invoicing?
What is E-Invoicing?
It is a project implemented by Mauritius Revenue Authority (MRA) whereby certain companies need to have their invoices sent in real time to MRA before issuing them to customers.
e-Invoicing is a process of generating invoices and associated debit notes and credit notes in electronic file format which allows for the transfer of billing information electronically between the seller, the tax authority and the buyer.
The e-invoicing system receives, stores and monitors transaction data and transmits fiscal data back to the taxpayer for issuing fiscal invoices.
The e-Invoicing system established by the Director-General is composed of:
• Electronic Billing System (EBS) used by a taxpayer for generating electronic invoices and
• Invoice Fiscalisation Platform (IFP) established by the MRA for registering invoices.
How does the e-Invoicing system operate?
At the time an invoice is generated by an economic operator, the invoice details are sent seamlessly by the EBS to the IFP for fiscalisation.
The IFP registers the transaction, generates an Invoice Registration Number (IRN) and a QR Code for that invoice and transmits same back to the EBS.
The economic operator issues a fiscalised invoice with a QR code to the customer.
