SG PEPPOL BIS Billing 3.0

PEPPOL Business Interoperability Specifications (BIS) is developed in Europe to standardize electronic documents exchanged between sending and receiving Access Points (AP). For exchanges of electronic documents which are non-European, the country-specific BIS Billing 3.0 specification is adopted instead of the PEPPOL BIS Billing 3.0.

Singapore adopted SG PEPPOL Bis Billing 3.0 to cater to country-specific requirements such as:

• Replacement of VAT (Europe) to Singapore’s GST (Goods and Services Tax), and to cater for non-GST registered businesses
• Specific GST calculation and rounding steps for presenting amount in invoices
• Update of GST code list value to identify the specific GST categories available to use
• Singapore specific payments such as Direct debit using GIRO and Credit Transfer using Unique Entity Number (UEN)-based PayNow Corporate