Understanding GST Tax Codes - Part 10

This is the last recommended 3 tax codes 

RS

Supplies which are supply given relief from GST. Example supplies of goods to schools, supply of wheelchairs to private charitable entity for persons with disability.

P.U.(A) 273 - Goods and Services Tax(Relief) Order 2014
​P.U.(A) 59 - Goods and Services Tax (Relief)(Amendment) Order 2015 

Description	Dr.	Cr.	Tax Code
Reliefed Supplies	Bank / Cash
		GST - Output Tax
		Sales	RS

GS

Disregarded supplies which includes supplies within companies under group registration, supplies within warehouses under Warehouse Scheme.

Description	Dr.	Cr.	Tax Code
Disregarded Supplies	Bank / Cash
		GST - Output Tax
		Sales to company in a Group	GS

AJS

Adjustment made to output taxes
Examples
Long Period Adjustments
Bad debts recovered
Outstanding invoices more than 6 months
Other output tax adjustments

Description	Dr.	Cr.	Tax Code
Bad Debts recovered	Bank / Cash
		GST - Output Tax	AJS
		Trade debtors

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