Print GST-03

Introduction

To generate the GST-03 data for submission via TAP.

[GST | Print GST-03...]

Parameter	Type	Explanation
GST Process	Lookup	To select the GST Process Period.

See example of the GST Process Lookup screenshot below.

1. After select the GST Process parameter, click on APPLY.

2. See the below screenshot.

1. At the GST-03 on the screen, click on the PLAY button.

2. Click on GST03_TAP. See the below screenshot.

3. Select the destination directory to save the TAP-Upload text file, eg. GST Tap Return for Oct 2015 the filename: GSTTapReturn-201510.

4. Click on SAVE.

5. See the below screenshot.

6. Prompt the below message. Press OK to proceed to upload the file via TAP website.

Original source from RMCD website:

Item No.	Description	Guidelines
01	GST No.*	Enter the company GST No at menu path: File -> Company Profile...
02	Name of Business*	Enter the Company Name at menu path: File -> Company Profile...

Item No.	Description	Guidelines
03	Taxable Period*	GST Returns - Process date range.
04	Return and Payment Due Date*	Follow the RMCD due date.
05a	Output Tax - Total Value of Standard Rated Supply*	SR + DS (Taxable Amount)
05b	Output Tax - Total Output Tax (Inclusive of Tax Value on Bad Debt Recovered & other Adjustments)*	SR + DS + AJS (Tax Amount)
06a	Input Tax - Total Value of Standard Rate and Flat Rate Acquisitions*	TX + IM + TX-E43 + TX-RE (Taxable Amount)
06b	Input Tax - Total Input Tax (Inclusive of Tax Value on Bad Debt Relief & other Adjustments)*	TX + IM + TX-E43 + TX-RE + AJP (Tax Amount)
07	GST Amount Payable (Item 5b - Item 6b)*	Output Tax Value > Input Tax Value
08	GST Amunt Claimable (Item 6b - Item 5b)*	Input Tax Value > Output Tax Value
09	Do you choose to carry forward refund for GST?	Mark X on YES if you have Tick on C/F Refund for GST.

Item No.	Description	Guidelines
10	Total Value of Local Zero-Rated Supplies*	ZRL (Taxable Amount)
11	Total Value of Export Supplies*	ZRE (Taxable Amount)
12	Total Value of Exempt Supplies*	ES43 +ES (Taxable Amount) Note: Net Loss in Forex (ES43)= 0.00
13	Total Value of Supplies Granted GST Relief*	RS (Taxable Amount)
14	Total Value of Goods Imported Under Approved Trader Scheme*	IS (value excluding tax)
15	Total Value of GST Suspended under item 14*	IS x 6% (value of tax)
16	Total Value of Capital Goods Acquired*	TX + IM (value excluding tax) Note: Purchase doc/Cash Book PV/ JV using "Fixed Asset" GL Account (exclude Block Tax)
17	Total Value of Bad Debt Relief Inclusive Tax*	AJP (value including tax) - Only Debtor (106 x AJP Input Tax/6 )
18	Total Value of Bad Debt Recovered Inclusive Tax*	AJS (value including tax) - Only Debtor (106 x AJS Input Tax/6 )
19	Breakdown Value of Output Tax in accordance with the Major Industries Code	It picks from GL Accounts that need to assign MSIC Code are Sales Account, Cash Sales Account, Return Inwards and etc. - MSIC Code is an item code (5 digits) representing your business nature (Major Industry Code). - MSIC code will be used in Form GST-03 (Item 19) as Major Industries Code. The total GST amount of the respective MSIC Code(s) will be shown. - Should the MSIC code is not defined, it GST amount will be shown in the box of Other.