| Tax Type | Description | Tax Code | Tax Rate | Description |
GST-03 |
|---|---|---|---|---|---|
|
GST |
Goods And Services Tax (Malaysia) |
TX
|
6% |
Purchases with GST incurred at 6% and directly attributable to taxable supplies.
|
6a, 6b |
|
GST |
Goods And Services Tax (Malaysia) |
TX-CG |
6% |
Purchase with GST incurred for capital goods acquisition.
|
6a, 6b, 16 |
|
GST |
Goods And Services Tax (Malaysia) |
TX-ES |
6% |
Purchase with GST incurred directly attributable to non-incidental exempt supplies. (Note: Replace TX-N43) |
6a, 6b |
|
GST |
Goods And Services Tax (Malaysia) |
TX-IES |
6% |
Purchase with GST incurred directly attributable to incidental exempt supplies. (Note: Replace TX-E43) |
6a, 6b |
|
GST |
Goods And Services Tax (Malaysia) |
TX-RE
|
6% |
Purchase with GST incurred that is not directly attributable to taxable or exempt supplies. (Applicable for partially exempt trader/mixed supplier only) |
6a, 6b |
|
GST |
Goods And Services Tax (Malaysia) |
IM
|
6% |
Import of goods with GST incurred. (By referring Customs Form No. 1 (K1),and/or other reference documents) |
6a, 6b |
|
GST |
Goods And Services Tax (Malaysia) |
IM-CG |
6% |
Importation of capital goods with GST incurred. (By referring Customs Form No. 1 (K1),and/or other reference documents) |
6a. 6b, 16 |
|
GST |
Goods And Services Tax (Malaysia) |
IS |
0% |
Imports of goods under Approved Trader Scheme (ATS) whereas the payment of GST chargeable is suspended on the goods imported. |
14 |
|
GST |
Goods And Services Tax (Malaysia) |
BL |
6% |
Purchases with GST incurred but not claimable (Disallowance of Input Tax) (e.g. medical expenses for staff). |
- |
|
GST |
Goods And Services Tax (Malaysia) |
NR |
0% |
Purchase from non GST-registered supplier with no GST incurred.
|
- |
|
GST |
Goods And Services Tax (Malaysia) |
ZP |
0% |
Purchase from GST-registered supplier with no GST incurred.
|
- |
|
GST |
Goods And Services Tax (Malaysia) |
OP |
0% |
Purchase transactions which is out of the scope of GST legislation (e.g. purchase of goods overseas). |
- |
|
GST |
Goods And Services Tax (Malaysia) |
AJP |
6% |
Any adjustment made to Input Tax (e.g. Bad Debt Relief & other input tax adjustment). |
6b only |
|
GST |
Goods And Services Tax (Malaysia) |
TX-FRS |
2% |
Purchase under Flat Rate Scheme.
|
6a, 6b |
|
GST |
Goods And Services Tax (Malaysia) |
TX-NC |
6% |
GST incurred and choose not to claim the input tax.
|
- |
Note: * Applicable to GST-registered businesses that makes both taxable and exempt supplies. For more information, please refer to GST guide "Partially Exempt Traders and Input Tax Recovery" available at http://gst.customs.gov.my
Note: ** Further break down of tax code for GST-03 Field 17 Bad Debt Relief.
The table below lists additional Purchase Tax Codes included with Sage 300.
| Tax Type | Description | Tax Code | Tax Rate | Description | GST-03 |
|---|---|---|---|---|---|
|
GST ** |
Goods And Services Tax (Malaysia) |
AJP-BD |
6% |
Any adjustment made to Input Tax only for Bad Debt Relief. |
6b, 17 |
|
GST |
Goods And Services Tax (Malaysia) |
NP |
0% |
Not applicable – Example: Credit note for an invoice that was created before GST started. |
|
The table below lists retired Purchase Tax Codes.
|
Tax Type |
Description |
Tax Code |
Tax Rate |
Description |
Ref. no. module system GST |
GST-03 |
|---|---|---|---|---|---|---|
|
GST |
Goods And Services Tax (Malaysia) |
TX-E43 |
6% |
Purchase with GST incurred directly attributable to incidental exempt supplies. |
6 |
6a, 6b |
|
GST * |
Goods And Services Tax (Malaysia) |
TX-N43 |
6% |
Purchase with GST incurred directly attributable to non-incidental exempt supplies. |
20 |
|
|
GST |
Goods And Services Tax (Malaysia) |
TX-ER |
6% |
Input tax allowed on the acquisition of goods or services by local authority or statutory body. |
6a, 6b
|
|
|
GST |
Goods And Services Tax (Malaysia) |
IM-RE |
6% |
Import of goods with GST incurred that is not directly attributable to taxable or exempt supplies (Residual input tax). |
6a, 6b
|
|
|
GST * |
Goods And Services Tax (Malaysia) |
EP |
0% |
Purchases exempted from GST. (e.g. purchase of residential property or financial services). |
- |
|
|
GST ** |
Goods And Services Tax (Malaysia) |
RP |
0% |
Relief Purchase under GST legislations. (e.g. purchase of RON 95 petrol & Diesel)
|
- |
|
|
GST |
Goods And Services Tax (Malaysia) |
GP |
0% |
Purchase transactions which disregarded under GST legislation (e.g. purchase within GST group registration). |
- |
|
See Also