Tax code for Petrol RON 95 ?
Hi,sorry for asking,Petrol Ron 95 is under relief side right?I call to Kastam ask about Ron 95 tax code,they ask me to put RS code (which is under Relief supply under GST) i have argue with them Why under sales side code,they said is correct,because Ron 95 and diesel are given GST Relief (not under GST Exempt order or GST Zero Rated order), as such the suggested GST tax code is RS.
Some accounting firm suggested open an new tax code account RP…
May i know,refer above,i got 3 tax code which is RS suggested by kastam operator, ZP & RP is from professional accounting firm suggested answer, which is the actual tax code should i follow?any black & white document can i refer?
Thanks for ur sincere answer.TQ
You are right, it is quite confusing. But I think always follow what Customs advice will be the correct way.
What can find now, from more reliable source, is this from The 2015 Budget Speech, No 65, statement from PM,
“Further, to ensure the implementation of GST does not burden the rakyat, the Government has agreed that the retail sale of RON95 petrol, diesel and LPG be given relief from the payment of GST. Through this measure, consumers and targeted groups will not have to pay GST on the purchase of RON95 petrol, diesel and LPG.”
So, the statement said retail sale of RON95 should be relief. Even they do not put into the any perintah or guide, I don’t think Customs dare to disobey PM’s order.
Before they properly gazette RON95 into the perintah, we should consider retail sale of RON95 as a Relief Supply.