Is there GST for Petrol, Diesel & LPG ? And what’s the tax code ?

1 Answer(s)

The retail sales of

  • petrol Ron 95
  • Diesel
  • Liquefied Petroleum Gas (LPG)  below 14kg

is give relief from GST (relief supply).
All these 3 supply are relieved from GST  (GST Relief) under Section 56(3) (b) GST Act 2014 which gave Finance Minister the power. And our PM, Najib has made it public in his The 2015 Budget Speech, No 65, statement.

Also see statement from Shell.

The output tax code for relief supply is RS.
Input tax code for relief supply can be ZP*.

According to GUIDE TO ENHANCE YOUR ACCOUNTING SOFTWARE TO BE GST COMPLIANT, page 33,

Answered on June 18, 2015. 2015-06-18 04:14:32
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