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#Post#: 128--------------------------------------------------
Purchase Fixed Assets from an Overseas Vendor
By: Mages Date: July 21, 2017, 4:09 am
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Do I need to update Field 16 in GST03, when my company purchase
Fixed Assets from an Overseas Vendor
#Post#: 186--------------------------------------------------
Re: Purchase Fixed Assets from an Overseas Vendor
By: Lamlyew Date: July 31, 2017, 2:25 am
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Hi Mages
Yes ...purchase of Fixed Assets, whether locally or imported
will need to be reported via field 16 on the GST03.
According to accounting software guide V2, field 16 is "Total
value of capital goods acquired (excluding GST)"
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