Sage UBS Updated:
Now Supports GST 2018

Learn About the Changes in GST 2018 Malaysia

What's New in Sage UBS 2018

  • Add New Tax Method
  • Update Tax Code Maintenance
  • GST 03 Return Form Format Update
  • Update Taxpayer Access Point (TAP) File Format
Added A New Tax Method

New tax method is enhanced in Sage UBS to cater for the GST 03 mapping Field 14 and Field 15.

Tax Method (Full Name) Tax Method (Short Name) GST 03 Mapping
Supply
Other Supplies OS Field 15 - Total Value of Other Supplies
Tax Method (Full Name) Tax Method (Short Name) GST 03 Mapping
Purchase
New Import Under Special Scheme NIS Field 14 – Total Value of goods imported under ATS
Updated Tax Code Maintenance

New tax method is updated in Tax code maintenance for mapping:

Malaysia Tax Code % Description Tax Method
IS 0 Imports of goods under Approved Trader Scheme NIS – New Import Under Special Scheme
OS 0 Out-of-scope supplies under GST legislation. OS – Other Supplies
OS – TXM 0 Out-of-scope supplies made outside Malaysia which will be taxable if made in Malaysia. OS – Other Supplies
GS 0 Disregarded supplies under GST legislation. OS – Other Supplies
SR – JWS 0 Supplies under Approved Jeweller Scheme (AJS) OS – Other Supplies
NTX 0 Supplies with no tax chargeable. OS – Other Supplies
Deactivated and Active Tax Code Update

With the new GST changes, Sage UBS is enhanced to activate and deactivate the tax code accordingly, especially those which are no longer used for GST 03 mapping.

Activate Tax Code:

Malaysia Tax Code % Description New GST 03 Mapping
IM-CG 6 Importation of capital goods with GST incurred. - Field 6a & 6b: Input Tax
- Field 16: Value excluding Tax
6b: Input Tax

Deactivate Tax Code:

Malaysia Tax Code % Description New GST 03 Mapping
EP 0 Purchase in relation to exempt supply need GST
legislation
-
RP 0 Relief Purchase under GST legislations. -
GP 0 Purchase transaction which disregarded under GST
legislation
-

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