【１】Items to be reconfirmed before the New Invoicing System starts
Please review the following items to be confirmed if they are being addressed.
※１．The Components needed for a “Qualified Invoice”
※２．System’s capability for handling fractional amounts
３．Communication of the registered number to your business partners
４．Confirmation of registration status/registration number of business partners
５．Price negotiation between Taxpaying entity and Non-Taxpaying entity
（Antitrust law compliance required）
※６．Applicable transactions before and after October 1, 2023
※Please refer to the overview below. If you have any questions or uncertainties, please feel free to contact us.
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※１．The Components needed for a “Qualified Invoice”
●The underlined items are the components that will be included in addition to the items of the current invoicing system
●For businesses such as retail sales, restaurants, taxi services, etc., which conduct sales to an unspecified number of individuals, it is permissible to provide a simplified eligible invoice instead of a qualified invoice.
※２．System’s capability for handling fractional amounts
The amount of consumption tax shown on the qualified invoice is calculated by multiplying the total
tax-excluded amount for each tax rate shown on the qualified invoice by that particular tax rate, 10% or 8%. (in the case of tax-included amount, multiplied by 10/110 or 8/108)
Samples: When calculating consumption tax amount based on the excluded tax
Samples: When calculating consumption tax amount based on the amount including tax
※６．Applicable transactions before and after October 1, 2023
The new invoicing system will be applied to transactions after October 1, 2023. However, for transactions before and after October 1, the recording month may differ between the seller and the buyer. Depending on the circumstances, there may or may not be obligations related to issuing a qualified invoice.
＜In the case where both the seller and the buyer record on or after October 1, 2023>
Seller：Taxable sales made on or after October 1, 2023 are recorded. Obligated to issue qualified invoices upon request from the buyer.
Buyer：Taxable purchases made on or after October 1, 2023. The tax credit for purchases can be applied by preserving the qualified invoices.
＜In the case where the seller and the buyer record in different timing ＞
(Case A)
Seller：Based on the shipment basis, taxable sales were recorded in September 2023.
There is no obligation to issue the qualified invoices for the transaction.
Buyer：Taxable purchases are recorded in October 2023 based on the inspection basis.
In principle, the qualified invoices should be kept. However, if the seller’s taxable sales were recorded before September 2023, the tax credit for purchases can be applied by preserving the invoices issued under the current invoicing system.
(Case B)
Seller：Taxable sales are recorded in October 2023. Obligated to issue qualified invoices upon request from the buyer.
Buyer：Taxable purchases are recorded in September 2023. The tax credit for purchases can be applied by keeping the invoices issued under the current invoicing system.
【2】Items to be reconfirmed after the New Invoicing System has started
Please check the invoices that you receive to ensure if they meet the requirements for a qualified invoice. If the following information cannot be determined, we will not be able to accurately record the information. We appreciate your understanding and cooperation.
numbers refer to the diagram below
１．Name of the issuer ①
２．Registered number of the qualified invoice issuer ①
If the registered number is not filled in the invoice or other documents, please clearly write either (1) or (2) in the margin of the invoice.
(1) Not-Qualified Invoice Issuer (Not-Taxpaying entity, Taxpaying entity that does
not have a plan to register to be a qualified invoice issuer)
(2) Taxpaying entity in the process of registration to be a qualified invoice issuer
（also, write in the margin of the invoice “Desired registration date” that was decided when registered）
３．Transaction date ②
４．Transaction details (clarification of item subject to the reduced tax) ③
５．Total transaction amount displayed with respective tax rate amounts ④
６．Consumption tax amount and applicable tax rate for 5 above ④⑤ (Fractional amount of consumption tax is obtained once per each tax rate for a single invoice)
７．Name of the counterparty along with the billing address ⑥
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