How to Enter K1 Form for Self-Billed Import Purchases?

Overview: 

This article explains how to handle self-billed importation of goods under Customs requirements in the system.

When you import goods, you will receive a K1 form from Customs, which contains the necessary tax information. Before submitting the purchase invoice as self-billed, you must update the K1 details in the system to ensure compliance and accurate e-Invoice reporting.

Scenario:

Your company imports raw materials from overseas.
When the goods arrive in Malaysia, Customs provides a K1 form showing the declared value and import duties.
 
Since the supplier is overseas and doesn’t issue a local invoice, your company needs to create a self-billed purchase invoice.

Solution:

1. Fill up the supplier information and the item accordingly. For Self-Billed Type select as ‘Foreign Seller’ 

2. Enter the K1 form number in Purchase Invoice > Shipping Info tab > Customs Ref No. 

3. Save the transaction and click ‘Submit e-Invoice’  

Remark: 

Can update multiple K1 ref. no. as well

Refer attachment for PDF file