1. Article 54 of the Value-Added Tax Act provides that, where an entrepreneur has issued or received a tax invoice or revenue invoice, he/she shall submit a list of total tax invoices by customer and supplier and a list of total tax invoices by customer (hereinafter “list of total tax invoices by customer”) at the time of filing the relevant preliminary return or final return stating the registration number, name or title, transaction period, date of preparation, total amount of supply price during the transaction period, and the total amount of tax amount as prescribed by the Presidential Decree, and other matters as prescribed by the Presidential Decree. In addition, where an entrepreneur issues or receives an electronic tax invoice under Article 54 (2) and transmits the details of the issuance of the electronic tax invoice to the Commissioner of the National Tax Service by the 11th day of the month following the end of the taxable period (the preliminary return period in cases of preliminary return) in which the relevant goods or services are supplied, the obligation to submit a list of total

In addition, Article 54(6) of the Value-Added Tax Act and Article 97(2) of the Enforcement Decree of the Value-Added Tax Act provide that a list of total tax invoices by seller provided for in Article 67(3) and (4) of the Enforcement Rule of the Value-Added Tax Act (attached Form 38 and attached Form 39) shall be entered as total items of total tax invoices issued by seller by no later than the 11th day of the following month following the end of the taxable period, the sales office (the number of purchasers), total purchase, total supply value, total tax amount (purchase), and total tax amount (purchase) shall be entered as total items of tax invoices. On the other hand, with respect to the other portion of tax invoices issued, the registration number, trade name (the name of the corporation), purchase, supply value, and tax amount shall also be entered as total items of tax invoices by transaction party (by seller).

In addition to the above purpose of introducing the electronic tax invoice system, the electronic tax invoice through which the particulars of issuance are transmitted to the Commissioner of the National Tax Service.