After 1st June GST ?

I issued a Tax invoice on Jan 2018 and received 50% deposit.
Now the balance how? Is it just received the balance of that Tax invoice or need to refund?

Asked on June 5, 2018 2018-06-05 08:10:30 Business (商家)
Add Comment
12 Answer(s)

When is the delivery of your goods or services provided?

Answered on June 5, 2018. 2018-06-05 08:39:32
Add Comment

Hi Expert,

Until now not yet delivery…….maybe this month or next month (wait the production do the uniforms)

Answered on June 5, 2018. 2018-06-05 08:58:30
Add Comment

You can issue a Tax Invoice and show the deduction of deposit.  Or you can issue a credit note to reverse out the deposit.

Answered on June 6, 2018. 2018-06-06 00:20:10
Add Comment

Hi Expert,

But I paid to Kastam in full, is it I can claim back from Kastam ?
Issue CN to customer in full also or how much should I issue ?

Thank you

Answered on June 7, 2018. 2018-06-07 02:38:42
Add Comment

You can claim back the GST according to your submission of input tax claim.  You have to work it out on how much you intend to claim back from Customs.

Answered on June 7, 2018. 2018-06-07 03:33:27
Add Comment

Hi Expert,

Tax invoice I issued in Jan 2018 RM10,000, Feb 2018 deposit 50% RM5,000 received. The balance is still owed because our product is not yet completed. Tax invoices will be completed in more than 6 months  How should I submit in GST ….please help

Thank you

Answered on June 7, 2018. 2018-06-07 04:00:59
Add Comment

When you issue tax invoice after 1/6/2018, make sure you show GST @ 0%.

Answered on June 7, 2018. 2018-06-07 06:36:59
Add Comment

Hi Expert,

I issue Tax inoive in Jan 2018

Answered on June 7, 2018. 2018-06-07 06:40:17
Add Comment

You have issued a tax invoice in January, 2018 and why do you need to issue another tax invoice later in more than 6 months? You mean now you are waiting to collect the outstanding amount, right?

Answered on June 7, 2018. 2018-06-07 07:27:16
Add Comment

Hi Expert,

Ya, I issued a Tax Invoice for my customer to paid the deposit.
Our product not complete yet until now.
So the balance more than 6 months owing
Is it need to do Bad Debts Relief

Answered on June 7, 2018. 2018-06-07 07:43:50
Add Comment

Just inform by writing to the Customs GST Officer that you need longer period to receive or collect the balance amount.  It is not consider as bad debts unless the customer refuse to pay the balance amount.

Answered on June 7, 2018. 2018-06-07 08:19:14
Add Comment

Hi Expert,

Ok noted and thank you for your help.

Answered on June 7, 2018. 2018-06-07 08:26:32
Add Comment

Your Answer

By posting your answer, you agree to the privacy policy and terms of service.