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GST TAX CODE

Tax code & Transaction Mapping

Tax code mapping for GST related transactions and GST accounting entries are new to most of the accounting personnel in Malaysia. Knowledge of the 26 recommended tax code and correct setup at the initial stage is crucial to ensure the correctness of GST return submission.

We would like to introduce the 26 recommended tax codes for your reference. The tax codes listed are recommendations to allow proper classifications of typical purchase and sales scenarios encountered by GST-registered businesses for the purpose of GST. The list is not intended to be prescriptive nor comprehensive.

Download Detailed Tax Codes Listing Here

GST TAX CODE (Supply)

Description :

1. Tax Code: SR Tax Rate: 6%

Description : Standard-rated supplies with GST charged.

2. Tax Code: ZRL Tax Rate: 0%

Description : Local supply of goods or services which are subject to zero rated supplies.

3. Tax Code: ZRE Tax Rate: 0%

Description : Exportation of goods or services. (By referring Customs Form No. 2 (K2),and/or other reference documents)

4. Tax Code: DS Tax Rate: 6%

Description : Deemed supplies under GST legislations.

5. Tax Code: OS Tax Rate: 0%

Description : Out-of-scope supplies under GST legislations.

6. Tax Code: ES Tax Rate: 0%

Description : Exempt supplies under GST legislations.

7. Tax Code: *IES Tax Rate: 0%

Description : Incidental exempt supplies under GST legislations. (Note: Rename of ES43)

8. Tax Code: RS Tax Rate: 0%

Description : Relief supplies under GST legislations.

9. Tax Code: GS Tax Rate: 0%

Description : Disregarded supplies under GST legislations.

10. Tax Code: AJS Tax Rate: 6%

Description : Any adjustment made to Output Tax (e.g., Bad Debt Recovered, & other output tax adjustments)

11. Tax Code: ZDA Tax Rate: 0%

Description : Supply of goods from Malaysia to Designated Area (Pulau Langkawi, Labuan, & Pulau Tioman) which are subject to zero rated supplies. (By referring Customs Form No. 2 (K2), and/or other reference documents)

GST TAX CODE (Purchases)

Description :

1. Tax Code: TX Tax Rate: 6%

Description : Purchases with GST incurred at 6% and directly attributable to taxable supplies.

2. Tax Code: IM Tax Rate: 6%

Description : Import of goods with GST incurred. (By referring Customs Form No. 1 (K1),and/or other reference documents)

3. Tax Code: IS Tax Rate: 0%

Description : Imports of goods under Approved Trader Scheme (ATS) whereas the payment of GST chargeable is suspended on the goods imported.

4. Tax Code: BL Tax Rate: 6%

Description : Purchases with GST incurred but not claimable or known as Disallowance of Input Tax.

5. Tax Code: NR Tax Rate: 0%

Description : Purchase from non GST-registered supplier with no GST incurred.

6. Tax Code: ZP Tax Rate: 0%

Description : Purchase from GST-registered supplier with zero-rated GST incurred.

7. Tax Code: EP Tax Rate: 0%

Description : Purchase in relation to exempt supply under GST legislations.

8. Tax Code: OP Tax Rate: 0%

Description : Purchase transactions which is out of the scope of GST legislation.

9. Tax Code: *TX-IES Tax Rate: 6%

Description : Purchase with GST incurred directly attributable to incidental exempt supplies. (Note: Rename of TX-E43)

10. Tax Code: *TX-ES Tax Rate: 6%

Description : Purchase with GST incurred directly attributable to exempt supplies, and only applicable for partially exempt trader/mixed supplier. (Note: Rename of TX-N43)

11. Tax Code: *TX-RE Tax Rate: 6%

Description : Purchase with GST incurred that is not directly attributable to taxable or exempt supplies, and only applicable for partially exempt trader/mixed supplier

12. Tax Code: CG Tax Rate: 6%

Description : Purchase with GST incurred for capital goods acquisition.

13. Tax Code: RP Tax Rate: 0%

Description : Relief Purchase under GST legislations.

14. Tax Code: GP Tax Rate: 0%

Description : Purchase transactions which disregarded under GST legislation.

13. Tax Code: AJP Tax Rate: 6%

Description : Any adjustment made to Input Tax (e.g., Bad Debt Relief & other input tax adjustments)

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