QUOTE(firee818 @ Mar 7 2015, 07:59 AM)
Thank you.
That mean for importing Zero-rated supply or goods under relief, no GST on importation, irrespective of whether the importers are GST registered persons or not.
For imported goods, GST will be calculated by customs upon declaration and you will have to pay before your goods are release. As for your query regarding the tax codes. Refer below:-That mean for importing Zero-rated supply or goods under relief, no GST on importation, irrespective of whether the importers are GST registered persons or not.
AJP - Adjustment to Input Tax
AJS - Adjustment to Output Tax
BL - Purchases with GST not claimable
CGA - Capital Goods Acquired
DS - Deemed supply
E43 - Incidental exempt supply (TX-E43)
EP - Purchases exempt from GST
ES - Exempt supplies under GST
ESI - Incidental Exempt Supply (ES43)
ESN - Non-income exempt supply (ESN43)
GP - Disregarded purchases
GS - Disregarded supplies under GST
IM - GST for import of goods
IM0 - GST for import of goods at 0%
IS - Import Special Scheme
IS6 - Import under Special Scheme at 6%
N43 - Non-income Exempt supply (TX-N43)
NR - Non GST registered supplier
OP - Purchases out of scope
OS - Supplies out of scope
RE - Taxable or exempt supplies
RS - Relief supplies under GST
SR - Standard rated supplies
TX - Purchases with GST at 6%
ZP - Purchases with no GST incurred
ZRE - Export zero rated
ZRL - Zero rated supplies
This list is the latest list taken from the latest MYOB software.