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#Post#: 117--------------------------------------------------
Purchase Tax Code TX and TX-E43
By: Samy Date: July 20, 2017, 8:55 pm
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Both Tax Code has 6% GST
I get very confused when to use TX and when to use TX-E43
Can anyone help me
There is not much information in the Custom Web site.
#Post#: 125--------------------------------------------------
Re: Purchase Tax Code TX and TX-E43
By: NSelvam Date: July 21, 2017, 12:39 am
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TX 6%
Purchases with GST incurred at 6% and directly attributable to
taxable supplies.
TX-IES 6%
Purchase with GST incurred directly attributable to incidental
exempt supplies.
(Note: Rename of TX-E43)
The key is "directly attributable to taxable supplies" vs
"directly attributable to incidental exempt supplies"
I guess more examples in the GST Software Guide on when to use
TX & when to use TX-E43 would
help.
I have seen many "live" GAF Files during my GAF hands-on
sessions and there is no TX-E43
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