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

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Revision as of 09:04, 8 December 2017

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


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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