Below table shows the tax codes for Taxable Purchases

Tax Code Tax Rate Description
1 TX 6% Purchases with GST incurred at 6% and directly attributable to taxable supplies.
2 IM 6% Import of goods with GST incurred.
3 IS 0% Imports under special scheme with no GST incurred (e.g. Approved Trader Scheme, ATMS Scheme).
4 BL 6% Purchases with GST incurred but not claimable (Disallowance of Input Tax) (e.g. medical expenses for staff).
5 NR 0% Purchase from non GST-registered supplier with no GST incurred.
6 ZP 0% Purchase from GST-registered supplier with no GST incurred. (e.g. supplier provides transportation of goods that qualify as international services).
7 EP 0% Purchases exempted from GST. E.g. purchase of residential property or financial services.
8 OP 0% Purchase transactions which is out of the scope of GST legislation (e.g. purchase of goods overseas).
9 TX-E43 6% Purchase with GST incurred directly attributable to incidental exempt supplies.
10 TX-N43 6% Purchase with GST incurred directly attributable to non-incidental exempt supplies.
11 TX-RE 6% Purchase with GST incurred that is not directly attributable to taxable or exempt supplies.
12 GP 0% Purchase transactions which disregarded under GST legislation (e.g. purchase within GST group registration).
13 AJP 6% Any adjustment made to Input Tax e.g.: Bad Debt Relief & other input tax adjustment.
TX-CG 6% Capital goods acquired. (BOX 16)

 

Below table shows the tax codes for Taxable Supply

Tax Code Tax Rate Description
1 SR 6% Standard-rated supplies with GST Charged.
2 ZRL 0% Local supply of goods or services which are subject to zero rated supplies.
3 ZRE 0% Exportation of goods or services which are subject to zero rated supplies.
4 ES43 0% Incidental Exempt supplies.
5 DS 6% Deemed supplies (e.g. transfer or disposal of business assets without consideration).
6 OS 0% Out-of-scope supplies.
7 ES43 0% Exempt supplies under GST
8 RS 0% Relief supply under GST.
9 GS 0% Disregarded supplies.
10 AJS 6% Any adjustment made to Output Tax e.g : Longer period adjustment, Bad Debt recover, outstanding invoice > 6 months& other output tax adjustments.