Where there is only one taxable sale on a tax invoice, the amount of GST should be rounded to the nearest cent (rounding 0.5 cents upwards). Where an amount of GST includes a fraction of a cent, special rounding rules apply. It is the trading entity's obligation to understand and comply with the legal requirements and the digital record keeping rules for business. However, it does not guarantee or enforce compliance because requirements vary based on business scenarios. The Peppol eInvoicing standard can be used to issue an invoice that meets legal requirements. The record transmitted to the customer needs to contain all information required for a tax invoice.
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