Malaysia GST Tax Codes

Tax codes determine how much tax is due for each transaction line item. For NetSuite to calculate correct values on transaction records and tax reports, you must ensure that the tax codes for Malaysia are set up correctly.

For more information on tax codes, see Tax Code Properties and Creating Tax Codes.

Important Things to Note

The International Tax Reports SuiteApp only supports 139 unique tax codes per tax period for each country.
You can use more than 139 tax codes for each country if these tax codes are not used in the same tax period.

GST Tax Code Table for Malaysia

The following table shows the tax code properties required to correctly generate the Malaysia tax reports provided by the International Tax Reports SuiteApp and the Malaysia tax audit files provided by the Tax Audit Files SuiteApp. The tax code names and letters presented in the table are suggested names or default system preferences. You can rename the tax codes. Tax reports identify transactions by looking at the tax code properties, not the tax code names.

On the Tax Code page, check the boxes of the properties that apply to the tax code. For more information about tax code properties, see Tax Code Properties.

To understand how NetSuite uses the tax codes to get the values for the Malaysia GST-03 Return, see What goes into each box -Malaysia GST-03 Return.

Important:

Please consult your tax agency for the correct tax rates.

Tax Code	Description	Property	Rate	Notional Rate	Available On
AJP	Adjustment to input tax (for example, bad debt relief and other input tax adjustments)	Category: Input GST adjustment	0%		Purchases
AJS	Adjustment to output tax (for example, longer period adjustment, bad debt recovered, outstanding invoice greater than 6 months, and other output tax adjustments)	Category: Output GST adjustment	0%		Sales
BL	Purchases with GST incurred but not claimable (disallowance of input tax) (for example, medical expenses for staff)	Category: Disallowed input GST	0%		Purchases
DS	Deemed supplies (for example, transfer or disposal of business assets without consideration)	Category: Deemed supplies	0%		Sales
EP	Exempt purchases under GST (for example, purchase of residential property or financial services)	Exempt	0%		Purchases
ES	Exempt supplies under GST	Exempt	0%		Sales
GP	Disregarded purchases (for example, purchase within GST group registration)		0%		Purchases
GS	Disregarded supplies	Category: Disregarded supplies	0%		Sales
IES	Incidental exempt supplies under GST legislations	Exempt Category: Incidental	0%		Sales
IM	Import of goods with GST incurred	Import	0%		Purchases
IS	Imports under special scheme with no GST incurred (for example, Approved Trader Scheme, ATMS Scheme)	Import Category: Approved Trader Scheme	0%		Purchases
NP	Matters to be treated as neither a purchase of goods nor a purchase of services, and no GST incurred (for example, purchase of Transfer of Going Concern (TOGC), purchase from any society or similar organization, insurance indemnity settlement, and diplomatic/consular services)	Category: Purchases -Second Schedule GST Act 2014	0%		Purchases
NR	Purchases from non GST-registered supplier with no GST incurred		0%		Purchases
NS	Matters to be treated as neither a supply of goods nor a supply of services, and no GST chargeable	Category: Sales -Second Schedule GST Act 2014	0%		Sales
NTX	Supplies with no tax chargeable	Free Zone Area	0%		Sales
OP	Out of scope purchases (for example, purchase of goods overseas)		0%		Purchases
OS	Out of scope supplies	Category: Out of scope supplies	0%		Sales
OS-TXM	Out of scope supplies made outside Malaysia which will be taxable if made in Malaysia	Category: Out of Scope	0%		Sales
RP	Relief Purchase under GST legislations	Category: Relief Purchase	0%		Purchases
RS	Relief supplies under GST	Category: Relief supply	0%		Sales
SR	Standard rate	Category: Supplies	0%		Sales
SR-JWS	Supplies under Approved Jeweller Scheme (AJS)	Category: Approved Jeweller Scheme	0%		Sales
SRA-RC	Services supplied by a supplier outside of Malaysia to a GST-registered recipient in Malaysia, and consumed in Malaysia	Category: Self-Recipient Accounting	0%	TX	Purchases
TX	Purchases with GST incurred at standard rate and directly attributable to taxable supplies	Category: Purchases	0%		Purchases
TX-CG	Purchases with GST incurred for capital goods acquisition.	Category: Capital goods	0%		Purchases
TX-ES	Purchases with GST incurred and directly attributable to exempt supplies, and only applicable for partially exempt trader/mixed supplier	Exempt Category: Non-incidental	0%		Purchases
TX-FRS	Purchase under Flat Rate Scheme	Category: Flat rate scheme	2%		Purchases
TX-IES	Purchases with GST incurred and directly attributable to incidental exempt supplies	Exempt Category: Incidental	0%		Purchases
TX-NC	GST incurred and chose not to claim input tax	Category: GST expense	0%		Purchases
TX-RE	Purchases with GST incurred that is not directly attributable to taxable or exempt supplies	Category: Residual input tax	0%		Purchases
ZDA	Supply of goods from Malaysia to designated area (Pulau Langkawi, Labuan and Pulau Tioman) which are subject to zero-rated supplies	Category: Designated Area	0%		Sales
ZP	Purchases from GST-registered supplier with no GST incurred (for example, supplier provides transportation of goods that qualify as international services)	Category: Purchases	0%		Purchases
ZRE	Zero-rated supplies – exportation of goods or services	Export	0%		Sales
ZRL	Zero-rated supplies – local supply of goods or services	Category: Local supplies	0%		Sales

Tax Code

Description

Property

Rate

Notional Rate

Available On

AJP

Adjustment to input tax (for example, bad debt relief and other input tax adjustments)

Category: Input GST adjustment

Purchases

AJS

Adjustment to output tax (for example, longer period adjustment, bad debt recovered, outstanding invoice greater than 6 months, and other output tax adjustments)

Category: Output GST adjustment

Sales

Purchases with GST incurred but not claimable (disallowance of input tax) (for example, medical expenses for staff)

Category: Disallowed input GST

Purchases

Deemed supplies (for example, transfer or disposal of business assets without consideration)

Category: Deemed supplies

Sales

Exempt purchases under GST (for example, purchase of residential property or financial services)

Exempt

Purchases

Exempt supplies under GST

Exempt

Sales

Disregarded purchases (for example, purchase within GST group registration)

Purchases

Disregarded supplies

Category: Disregarded supplies

Sales

IES

Incidental exempt supplies under GST legislations

Exempt

Category: Incidental

Sales

Import of goods with GST incurred

Import

Purchases

Imports under special scheme with no GST incurred (for example, Approved Trader Scheme, ATMS Scheme)

Import

Category: Approved Trader Scheme

Purchases

Matters to be treated as neither a purchase of goods nor a purchase of services, and no GST incurred (for example, purchase of Transfer of Going Concern (TOGC), purchase from any society or similar organization, insurance indemnity settlement, and diplomatic/consular services)

Category: Purchases -Second Schedule GST Act 2014

Purchases

Purchases from non GST-registered supplier with no GST incurred

Purchases

Matters to be treated as neither a supply of goods nor a supply of services, and no GST chargeable

Category: Sales -Second Schedule GST Act 2014

Sales

NTX

Supplies with no tax chargeable

Free Zone Area

Sales

Out of scope purchases (for example, purchase of goods overseas)

Purchases

Out of scope supplies

Category: Out of scope supplies

Sales

OS-TXM

Out of scope supplies made outside Malaysia which will be taxable if made in Malaysia

Category: Out of Scope

Sales

Relief Purchase under GST legislations

Category: Relief Purchase

Purchases

Relief supplies under GST

Category: Relief supply

Sales

Standard rate

Category: Supplies

Sales

SR-JWS

Supplies under Approved Jeweller Scheme (AJS)

Category: Approved Jeweller Scheme

Sales

SRA-RC

Services supplied by a supplier outside of Malaysia to a GST-registered recipient in Malaysia, and consumed in Malaysia

Category: Self-Recipient Accounting

Purchases

Purchases with GST incurred at standard rate and directly attributable to taxable supplies

Category: Purchases

Purchases

TX-CG

Purchases with GST incurred for capital goods acquisition.

Category: Capital goods

Purchases

TX-ES

Purchases with GST incurred and directly attributable to exempt supplies, and only applicable for partially exempt trader/mixed supplier

Exempt

Category: Non-incidental

Purchases

TX-FRS

Purchase under Flat Rate Scheme

Category: Flat rate scheme

Purchases

TX-IES

Purchases with GST incurred and directly attributable to incidental exempt supplies

Exempt

Category: Incidental

Purchases

TX-NC

GST incurred and chose not to claim input tax

Category: GST expense

Purchases

TX-RE

Purchases with GST incurred that is not directly attributable to taxable or exempt supplies

Category: Residual input tax

Purchases

ZDA

Supply of goods from Malaysia to designated area (Pulau Langkawi, Labuan and Pulau Tioman) which are subject to zero-rated supplies

Category: Designated Area

Sales

Purchases from GST-registered supplier with no GST incurred (for example, supplier provides transportation of goods that qualify as international services)

Category: Purchases

Purchases

ZRE

Zero-rated supplies – exportation of goods or services

Export

Sales

ZRL

Zero-rated supplies – local supply of goods or services

Category: Local supplies

Sales

Important Things to Note

GST Tax Code Table for Malaysia

Related Topics