Are issuing Simplified tax invoices of summary type valid when the customer details are not provided in the invoices
<cbc:InvoiceTypeCode name=“0200010”>388</cbc:InvoiceTypeCode>
…
cac:AccountingCustomerParty
cac:Party
</cac:Party>
</cac:AccountingCustomerParty>
the XML is validated on the online portal.
We were looking but couldn’t find reference and are seeking confirmation that this is accepted as per VAT rules in KSA
Please note that as per Article 53(7)(c) of VAT Regulations, Summary Simplified Invoice can be issued only for Financial Services supplied by banks, financial institutions or insurance companies licensed by competent authorities in the Kingdom.
If Summary Simplified Invoice is generated for Financial Supplies as referred in Article 53(7)(c) then invoice must contain Buyer Name, Address and Supply dates. There are 2 validation rules for these BR-KSA-71 and 72. We will introduce another rule to validate Buyer Address in case of Summary Simplified Invoices.