GST setup is important if your company has registered to GST.


DEFAULT

  • Supply tax code: Tax code that you use to charge your customers. Default as SR.

  • Purchase tax code: Code that your supplier usually use to tax you. Default as TX.



TAX CODES

Select the tax codes that is relevant to your business, this can be multiple select.

  • Left column: Listed all of the tax codes available.

  • Right column: Tax codes you have selected.



ADDITIONAL INFORMATION (Industry Codes)

  1. Fill in the Industry Codes that is relevant to your business. (You can either type the code or the category name in the field)

  2. Fill in the percentage of the type of category.


If you have more than one Industry Code, the sum total of percentage should be 100%. Seek the advise from your accountant or RMCD Malaysia (Kastam) if you don't know about your industry code.