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       #Post#: 136--------------------------------------------------
       Event expenses & Deemed Supply
       By: finance2017 Date: July 24, 2017, 2:53 am
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       Q1) Purchase lucky draw gift RM1060 for principle event and
       reimbursement expense by principle (issue Tax invoice).
       Please correct me the double entry:-
       in AP entry
       Dr Expense
       Dr Input Tax (TX)
       Cr Creditor
       in AR entry
       Dr Other debtor
       Cr Output tax (SR / DS), please advise
       Q2) Purchase lucky draw for event above RM500 need to account
       output tax DS or choose not to claim BL / TX-NC new tax code not
       update yet. Which tax code is correct?
       Q3) May I know whether GST claimable for the event expenses
       incurred like hotel catering, hall rental for our product
       launching but all this expenses absorb by principle from
       overseas?
       Q4) May I know whether GST claimable if the event organised by
       our customer then claim to us but all this expenses incurred are
       absorb by principle from overseas.
       Thanks you.
       
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