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Transaction File Maintenance - Supplier Invoice with GST 6 % inclusive (except IM)
Author: Wan Hua Ng Reference Number: AA-05596 Views: 12317 Created: 2015-05-05 20:07 Last Updated: 2015-05-05 22:39 0 Rating/ Voters


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Enter Transactions Related to Purchase - Supplier invoice with GST 6% inclusive.pdf 0.3 Mb Download File
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  • [ Ms. Chua]: Import GST - direct pay to custom 2015-05-14 13:43 #

    the accounting entry is:
    Dr. GST Input Tax - IM
    Cr. Bank/Forwarder- No tax code
    for GST-03, the amount will appear in 6a & 6b. why? suppose in 6b only.

  • [Li Zhen Yap]: Re: Import GST - direct pay to custom 2015-05-14 19:39#

    Dear Ms Chua,

    Thank you for your enquiry.

    As per the guideline from Royal Custom, 'GUIDE TO ENHANCE YOUR ACCOUNTING SOFTWARE TO BE GST COMPLIANT As at 11 SEPTEMBER 2014', page 34, it stated it should be appeared at 6a and 6b. You may refer the link below:

    http://gst.customs.gov.my/en/rg/SiteAssets/accounting_software/Guide%20on%20ACCOUNTING%20SOFTWARE%2011092014.pdf

    As for the transaction entries for the importation goods, kindly do follow the link below for more details:

    http://knowledge.sage.my/index.php?/article/AA-05433/70/GST/Purchase-and-Expenses/Handling-Importation-of-Goods.html

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