This GST guide is to reference with official Royal Customs recent update as at 25th May 2018.
Kindly refer to the following link: (English Version) http://gst.customs.gov.my/en/hl/SiteAssets/pdf/FAQ28BI25.5.18%20-%2010.30AM.pdf
: (Malay Version) http://gst.customs.gov.my/en/hl/SiteAssets/pdf/FAQ28BM25.5.18%20-%2010.30AM.pdf
TOPICS:
- The tax code used for Purchase will be TX-0%
- The tax code used for Sales (0%) will be SR-0%
Note:
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. Impact on GST-03, 6a with supplier value ; 6b no gst amount (filed all the input tax claimed even gst amount = 0)
If use tax code ZP
1. EMP configuration-tax, Item's Default Input Tax Code (Purchase) - HAVE to change to ZP
2. Item master : HAVE to change to ZP (export and update manually or tech support change on back end)
3. supplier master: default tax code with TX-6% - HAVE to change to ZP (export and update manually or tech support change on back end)
4. Impact on GST-03, 6a NO supplier value ; 6b NO gst amount
Advised change the Sales (Output Tax) to Item Price Exclude Tax method, when perform back dated transaction, easier to do the calculation
Selling Prices
- User need 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, have to export the item master file and change manually, then re-upload the item code (refer to
- 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 ??
- User need 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.
- 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.
- 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.
Scenario: In June 2018, user wants to back-date transactions to May 2018. However, starting 1st June 2018 onwards, EMP captures SR tax code as 0% and TX tax code as 0%. May 2018 has 6% GST. Especially for the Supplier Invoice or Expenses transactions (transaction for Input tax claim)
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:
Go to: 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%
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 needs to re-issue the RCT in June 2018. To create PV and knock off with RCT partial deposit, the steps would be as follows:
GST report on May 2018 filling cycle
- NO. user need to change the tax rate from 6% to 0% manually; 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
- RM 1,272 * 6/106 = RM 72
- RM 1,272 - RM72 = RM 1,200
- Yes, GST-03 still needed to be submitted.
- Note: If there is negative amount at GST-03 (5b) and (6b), user need to do gst adjustments with AJS or AJP
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. Applies the same for Purchase Return (PR) in June 2018 which is based on GRN from May 2018.
Scenario 2: If there have SR and PR being created in June 2018 with 6% gst, GST-03 (5b) and (6b) might result in negative amount. TAP file does not allow negative amount to be submitted.
Answer 2: User need to do GST adjustment to remove the negative amount from GST-03 (5b) and (6b). The following are the suggested steps to perform GST adjustment for negative amount at (5b) and (6b):
Example: GST-03 (negative amount at 5a and 5b due to SR with 6% gst in June 2018)
5a. (RM 1272)
5b. (RM 72)
Suggested solution: To adjust out the 5b amount to 6b, to be able to claim back the amount.
Go to: Extended Module > Malaysia GST > Tax Filing > GST Adjustment
