FREE Preview Training Get Support
Notice: MYOB has been re-branded as ABSS with effect from 1st Jan 2018.

New GST tax codes introduced in August 2016

GST code Description Rate GST-03 fields
TX-CG Purchase of fixed assets with GST. 6% 6a, 6b and 16
RP For purchase of goods and services that are given relief under GST, for example purchase of RON95 petrol. 0% -
TX-FRS Purchases from farmers or fishermen registered under the Flat Rate Scheme. 2% 6a and 6b
TX-NC For purchases with input tax where the GST registered entity elects not to claim for it 6% -
TX-ER Input tax on purchases made from GST registered suppliers by local authorities or statutory bodies to perform regulatory and enforcement functions 6% 6a and 6b
IM-CG GST on import of capital goods 6% 6a, 6b and 16
IM-RE Import of goods with GST incurred that is not directly attributable to taxable or exempt supplies. 6% 6a and 6b
NP Matters to be treated as neither a purchase of goods nor a purchase of services, and no GST incurred 0% -
ZDA Export of goods from Malaysia to Designated Areas - Customs Form No. 2 (K2) 0% 10
SR-MS Standard-rated supplies under Margin Scheme. GST is on margin only. 6% 5a and 5b
SR-JS Standard-rated supplies under Jeweller Scheme 0% 5a and 5b
OS-ER Out-of-scope supplies for Enforcement and Regulatory functions 0% -
OS-OV Out-of-scope supplies between overseas country with other overseas country 0% -
NS Matters to be treated as neither a supply of goods nor a supply of services, and no GST is chargeable. 0% -


Share on Twitter Share on Facebook
  RSS Feed for MYOB Accounting articles  

Quick Links



"Deltatech really have the willingness, patience and supportive mentality to help me solve my problem even though I am not their customer and they do not know me too. Thank you very much your time and assistance."

- Yu Ling
Admin cum account
Yarzar Metaltech Sdn Bhd


 |  Price List |  ABSS Payroll |  Free Preview |  MYOB AccountEdge |  How to buy |  Training |  Support |  Implementation |  ABSS Premier |  ABSS Accounting |  Free download | 


© 2012 DeltaTech Computer Systems & Solutions (SA0205092-A). All Rights Reserved.