This GST guide is to reference with official Royal Customs recent update as at 30th May 2018.
Kindly refer to the following link: (English Version) http://gst.customs.gov.my/en/rg/SiteAssets/FAQ_BIPDF.pdf
: (Malay Version) http://gst.customs.gov.my/en/rg/SiteAssets/FAQ_BMpdf.pdf
TOPICS:
- The tax code used for Purchase will be ZP-0% (This tax code is advised to use for transactions after 1st June 2018)
- The tax code used for Purchase will be TX-6% (This tax code is advised to use for back-dated transactions)
- The tax code used for Sales (0%) will be SR-0%
Notes:
If use tax code ZP-0%
1. EMP configuration-tax, Item's Default Input Tax Code (Purchase) - HAVE to change to ZP (from TX-6%); (Wavelet's support change on back-end when update server on 31 May 2018))
2. Item master : HAVE to change to ZP (Wavelet's support change on back-end when update server on 31 May 2018))
3. Supplier master: default tax code with TX-6% - HAVE to change to ZP (Wavelet's support change on back-end when update server on 31 May 2018))
4. GST-03, 6a with supplier value ; 6b 0 gst amount (filed all the input tax claimed even gst amount = 0), refer to GST-03 version 4, refer GST-03 Info & Formula
If use TX-0% involve minor changes
1. EMP configuration-tax, Item's Default Input Tax Code (Purchase) - NO changes required
2. Item master : NO changes required
3. supplier master: default tax code with TX - NO changes required
4. GST-03, 6a with supplier value ; 6b 0 gst amount (filed all the input tax claimed even gst amount = 0), refer to GST-03 version 4, refer GST-03 Info & Formula
User NEED TO manually change the EMP Configuration > Tax for Sales (Output Tax) to Item Price Excluded Tax method, so as to when perform back dated transaction and normal transactions, it is easier to do the calculation on SR-6%.
Go To: Control Panel > System Admin > EMP Configuration > Tax
Purchase (Input Tax) - Change "Item's default Input Tax Code (Purchase) to "ZP", Item price include tax rate "untick" Excluded Tax method
Menu Path: Control Panel > EMP Configuration > Tax
Selling Prices
- User needs to inform Wavelet if need to use Selling Prices as Inclusive or Exclusive. Wavelet will be updating the system for the item price during the server update on 2018-05-31.
After server update
Purchase Prices
- If the "Item price include tax rate" box is untick, no action required , price show as Excluded gst
- If the "Item price include tax rate" box is tick (Included gst) , have to export the item master file and change manually, then re-upload the item code
- Default Tax Config for the supplier maintenance should be "empty", follow Item Master (ZP-0%)
- If supplier master: default tax code with TX-6% - HAVE to change to ZP (Wavelet's support will make the change from back-end when performing a server update on 31 May 2018)
- IM - ZP-0%
- NR - no changes required
- Default Tax Config for the customer maintenance should be "empty", follow Item Master (SR-0%)
- Default Tax Config for Designated Area ZDA change to SR-0%
- Relief Supply: RS change to SR-0%
- Default tax config for Export Oversea, ZRE - no changes required (GST-03, field 11)
- Refer Point 3.1 for user to manually change the settings for EMP Configuration > Tax
- User needs to ensure the Printable/ Hard copy Tax Invoice passed to customer need to have 0% tax rate. Need to double check before pass to customer. If there have any printable with 6% written, can raise to Wavelet to do the adjustment
- Before server update on 2018-05-31, user need to export the Item Listing file into Excel and save it. After server update on 2018-05-31, user need to export the Item Listing and compare the Price Tax Option/ Price Tax Option Input and the Price if it is correct. Refer to the link Item Listing to export to excel.
- Menu Path: Inventory > Item > Item Listing
- Select by Category or generate All Data > Export Data
- Target Fields for checking Selling Prices
- Default +
- PRICE_LIST
- PRICE_SALE
- PRICE_DISC1
- PRICE_DISC2
- PRICE_DISC3
- PRICE_MIN
- PRICE_MAX
- Target Fields for checking Purchase Prices
- Default +
- REPLACEMNENT_COST
- PURCHASE_PRICE_MINIMUM
- PURCHASE_PRICE_MAXIMUM
Performing back-dated transaction for May 2018.
Input Tax
For back-dated transaction (before 1 June) for Input tax claim, GRN, Supplier Invoice, Payment Voucher, Supplier Credit Memo Select the TX-6%
Output Tax
Scenario: In June 2018, user wants to back-dated transactions to May 2018. However, starting 1st June 2018 onwards, EMP captures SR tax code as 0% . May 2018 has 6% GST.
Answer: User need to manually change the Tax Rate from 0% to 6% at the Item Widget before Confirm and Save the transaction.
To allow user to change TAX CODE in the transaction, need to enable the permission as follows:
Menu Path: Control Panel > System Admin > Manage Users > Configure Role Permission > Extended Module > General Malaysia GST Permission > Permission to add/edit Item Widget Tax
Scenario: In May 2018, customer paid full payment (RCT). and Invoice not ceated
Answer: In June 2018, the Invoice (INV) is issued or Sales Order (SO) converted to Invoice.
INV in June 2018 has SR-6% tax rate, the RCT in May 2018 has GST output suspended, the Invoice GST SR-6% settled with Deposit SR-6%
GST output tax result, assume both transaction date on 2018-06-02
Scenario: In May 2018, customer made partial deposit payment (RCT). In June 2018, the Invoice (INV) is issued or Sales Order (SO) converted to Invoice.
Partial RCT in May 2018 has 6% rate included, GST output suspended.
Suggested solution:
- Before 1st June 2018, it is advisable for the user to create PV (refund method), to knock off with the Partial Deposit (RCT) which includes 6%.
- User can ONLY create the PV to cancel the Partial Deposit in May 2018. Starting 1st June, user should not create the PV for Partial Deposit knock off as this will affect the GST-03 filing.
- With this method, on MAY GST filling cycle, the gst from GST able to claim back, please take note that CREATION DATE MUST BE on MAY
- User needs to re-issue the RCT in June 2018.
- advisable to create new cashbook for these transaction
- the GST output suspended glcode will be updated after the MAY GST Filling
To create PV and knock off with RCT partial deposit, the steps would be as follows:
Menu Path : Finance > Payment Voucher > Create
GST report on May 2018 filling cycle
- NO. user need to change the tax rate from 6% to 0% manually and change the selling price to Excluded gst
- Use tax fraction (6/106) to determine the amount of tax to be reduce from the selling price
- E.g: Selling Price is RM 1,272 (item price includes tax) ; manually change the tax rate to 0% and change the selling price to RM 1,200
- Step 1: calculate GST amount RM 1,272 * 6/106 = RM 72
- Step 2: calculate Selling Price (Exclude gst) RM 1,272 - RM72 = RM 1,200
- Alternative, SELECT LIST PRICE FROM THE DROP DOWN LIST (the selling price changed to exclude price after server update)
- Yes, GST-03 still needed to be submitted.
- Please refer to GST-03 Info & Formula for GST-03 Version 4
- Note: If there is negative amount at GST-03 (5b) and (6b), user need to do gst adjustments with AJS or AJP
| GST | April | May | June * |
|---|---|---|---|
| 5a | √ | √ | √ |
| 5b | √ | √ | 0 |
*assume all SR-0%
Scenario: Bad Debt Relief was done in May 2018, Bad Debt Recovered was done in June 2018.
Answer: Bad Debt Recovered need to have 6% tax rate if it is done in June 2018, if it is related to Bad Debt Relief done in May 2018 or before.
Scenario : Invoice (INV) was issued in May 2018 with 6% tax rate, Sales Return (SR) was created in June 2018. How would the SR be treated for GST?
Answer : SR in June 2018 need to have 6% tax rate based on the INV issued in May 2018.
Notes :
- Advised to create Sales Return by Invoice with cash refund, with SR-6% (or follow Invoice tax rate) payment voucher auto created and the gst amount refund to customer (example: return RM 1272, RM 72 is gst amount, PV RM 1272)
- Create new Cash Sales with cash receive, with SR-0% (example, new invoice RM 1000, cash RM 1000, in result, (RM 72) in drawer, this amount could claim back from custom, refer scenario 2)
Scenario 2: If there have SR being created in June 2018 with 6% gst, GST-03 (5b) might result in negative amount. TAP file does not allow negative amount to be submitted.
Answer 2: User need to do GST adjustment with AJP tax code to Transfer the negative amount from GST-03 (5b) to (6b) to Claim back the GST amount
The following are the suggested steps to perform GST adjustment for negative amount at (5b)
Example: GST-03 (negative amount at 5a and 5b due to SR with 6% gst in June 2018)
5a. : (RM 1272)
5b. : (RM 72)
Result:
6a. : -
6b. : RM 72
Note: No principle amount for AJP
Menu Path: Extended Module > Malaysia GST > Tax Filing > GST Adjustment
Scenario: GRN was received in May 2018 with 6% tax rate, Purchase Return (PR) was created in June 2018. How would the PR be treated for GST?
Answer: Purchase Return (PR) in June 2018 need to have 6% tax rate based on the Supplier Invoice issued in May 2018.
Notes:
- Advised to do Purchase Return by GRN, follow GRN tax rate, TX-6%
Scenario 2: If there have PR being created in June 2018 with 6% gst, GST-03 (6b) might result in negative amount. TAP file does not allow negative amount to be submitted.
Answer 2: User need to do GST adjustment with AJS tax code to Transfer the negative amount from GST-03 (6b) to (5b) to PAY back the GST amount
The following are the suggested steps to perform GST adjustment for negative amount at (6b)
Example: GST-03 (negative amount at 6a and 6b due to PR with 6% gst in June 2018)
6a. : (RM 1200)
6b. : (RM 60)
Result:
5a. : -
5b. : RM 60
Note: No principle amount for AJS
Menu Path: Extended Module > Malaysia GST > Tax Filing > GST Adjustment
DS - SR-0%
