HOW DO I KNOW WHEN TO ISSUE A FULL TAX INVOICE AND A SIMPLIFIED TAX INVOICE?

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Under normal circumstances, full tax invoice must be issued at all times. However, due to practicality and with certain exception, simplified tax invoice is allowed.

Examples of simplified tax invoice allowable include retailers such as hypermarkets, mini markets, restaurants, beauty salons, motor workshops and other point of sales outlets.

SOURCE:100++QUICK ANSWERS GST FOR BUSY BUSINESS PEOPLE/ SECTION B

IF THERE ARE CHANGES AND ERRORS THAT I NEED TO RAISE A DEBIT / CREDIT NOTE/ WHAT DETAILS MUST I INCLUDE?

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A.The term "Credit note" or " Debit note" in a prominent place

B.The respective document serial number and date of issue

C.The name, address and GST identification number of the company

D.The name and address of the customer

E.The reason for its issue

F.Descriprion of the goods or services

G.The quantity and amount for each supply

H.The total amount excluding tax

I.The rate and amount of tax

J.The number and date of the original tax invoice

SOURCE:100++QUICK ANSWERS GST FOR BUSY BUSINESS PEOPLE/ SECTION B

 

WHAT ARE THE DETAILS I NEED TO INCLUDE IN A FULL TAX INVOICE?

20141211-033.1GST Malaysia.1gst.com.my

A full tax invoice must have the following information :-

A.Word "tax inoivce" in a prominent place

B.Tax invoice running number

C.Date of issue of tax invoice

D.Name of company, address abd the identification number

E.Customer's name (trading name and address)

F.Description sufficient to identify itemised goods or services supplied

G.The distinction of each type of supply, whether zero rated, standard rated and exempt supply (if any)

H.Any discount given

I.Total amount payable excluding tax (Gross sale)

J.GST (itemised and total)

K.Total amount payable inclusive of GST

L.Value in RM

SOURCE:100++ QUICK ANSWERS GST FOR BUSY BUSINESS PEOPLE/ SECTION B