3A Accounting System

Sunday, March 22, 2015

GST Output Tax Code Infographic

Output tax is GST charged and collected on sales or supplies of goods and services

There are total 10 different types of GST Output Tax Code that you will need to learn how to use in your business.

The infographic below depicts and summarize GST Output Tax Code of your understanding.



You could refer to the summary table of Output tax from here.

You could also refer our article on the accounting entry for output tax and its implication to Balance Sheet & Profit and Loss, and also GST03 report.

Input Tax Code Infographic.

1 comment:


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