Warning to business operators: Do not use tax invoices that do not correspond to actual transactions.

Issuing or using tax invoices without an actual underlying transaction entails both tax-related and criminal risks. The Revenue Department can verify such activities by examining transaction data, documentary evidence, and conducting on-site business inspections. ✅ Best Practices: Transact only with legitimate business partners. Maintain essential documents—such as quotations, purchase orders, delivery notes, tax invoices, proof of payment, and contracts. Verify the accuracy of all documents before recording them in your accounts or filing tax returns. Retain these documents for at least five years. ⚠️ Failure to provide explanations or evidence may result in retroactive tax assessments, penalties, and surcharges, as well as potential civil and criminal legal action. Maintaining accurate records from the start minimizes future risks.