Type 1B applies to the corresponding purchase transaction received by the customer from a Type 1A supply transaction within the InvoiceNow network.
After receiving the Peppol invoice, the GST-registered customer validates, accepts and records the purchase invoice in the Million Accounting System. This includes recording the relevant purchase information, such as the GST Category Code, taxable purchase amount and input tax amount to be claimed.
A copy of the recorded purchase invoice is then transmitted to IRAS as a Solution-extracted invoice through the customer's Access Point.
Transmission:
Supplier's Peppol Invoice → Customer receives and records the purchase transaction
Recorded Purchase Invoice → Customer's Access Point → IRAS
Applicable Transactions:
Received Peppol Purchase Invoice
Received Peppol Credit Note
Video Guide:
Transmission of Received Peppol Credit Note under Type 1B Submission (Video section: 3:29 - 4:09)