MYOB tax code list as per Royal Malaysian Customs

MYOB Malaysia has already prepared and included in MYOB software all the Tax Code as per Royal Malaysian Customs (Jabatan Kastam Diraja Malaysia). As of 3rd December 2014, the whole tax code list in MYOB Malaysia is reproduced below:.

If Custom changes anything, MYOB will update the list for you if you are subscribed for their year support. Otherwise, subscribe to update from Royal Malaysian Custom for GST and if there are changes, you can edit the list yourself.
  Code Description Tax Type Rate
1 AJP Adjustment to Input Tax GST 6%
2 AJS Adjustment to Output Tax GST 6%
3 BL Purchases (GST not claimable) GST 6%
4 DS Deemed Supplies GST 6%
5 E43 Incidental exempt supp (TX-E43) GST 6%
6 EP Purchases exempted from GST GST 0%
7 ES Except Supplies under GST GST 0%
8 ESI Incidental exempt supp (ES43) GST 0%
9 ESN Non-inc exempt (ESN43) GST 0%
10 GP Disregarded Purchases GST 0%
11 GS Disregarded Supplies under GST GST 0%
12 IM GST for import of goods GST 6%
13 IMO GST for import of goods at 0% GST 0%
14 IS Import under special scheme GST 0%
15 IS6 Import under special scheme at GST 6%
16 N-T Non Taxable Sales Tax 0%
17 N43 Non-inc exempt supp (TX-N43) GST 6%
18 NR Non GST registered supplier GST 0%
19 OP Purchase (Out of Scope) GST 0%
20 OS Supplies (Out of Scope) GST 0%
21 RE Taxable or Except supplies GST 6%
22 RS Relief Supplies under GST GST 0%
23 SR Standard-rated supplies (GST 6%) GST 6%
24 T Taxable Sales Tax 5%
25 TX Purchases with GST at 6% GST 6%
26 ZP Purchases with no GST incurred GST 0%
27 ZER Export zero rated supplies GST 0%
28 ZRL Zero rated supplies GST 0%

No comments:

Post a Comment

Search This Blog