Showing posts with label taxable supplies. Show all posts
Showing posts with label taxable supplies. Show all posts

Thursday, 16 April 2015

Understanding GST Tax Codes - Part 6

Let's look at the last 3 tax codes for supplies, TX-E43, TX-N43 and TX-RE which only applicable to GST registered trader that makes both taxable and exempt supplies (or commonly known as partially exempt trader)

TX-E43

Purchase with GST incurred directly attributable to incidental exempt supplies.