GST: What is the difference between tax code TX-S and tax code TX-Z: Difference between revisions

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<b>Question:</b> What is the difference between tax code TX-S and tax code TX-Z?
<b>Question:</b> What is the difference between tax code TX-S and tax code TX-Z?
<b>Version:</b> 1.8 / 1.9 / 2.0



<u><b>Answer:</b></u>
<u><b>Answer:</b></u>
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Latest revision as of 04:53, 19 February 2020

Question: What is the difference between tax code TX-S and tax code TX-Z?

Version: 1.8 / 1.9 / 2.0


Answer:

TX-S is used for Goods and services purchased from GST registered suppliers and directly attributable to taxable supplies (standard rated).



TX-Z is used for Goods and services purchased from GST registered suppliers and directly attributable to taxable supplies (zero rated).



By:Mei 170804, KM 170808, P170810


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