Forum Discussion

Ravinder's avatar
Ravinder
Experienced User
5 years ago

GST paid to Custom on imported goods

Hi

 

I have recorded the overseas purchase by using tax code N-T. Now I  have received an invoice from the Custom as below:

Description

 

GST in AUD

Charges in AUD

Agency Fees

 

10% = 15.50

155.00

CMR Compliance

 

10% = 8.50

85.00

Quarantine Lodgment Fee

 

10% = 4.50

45.00

Delivery Order Fee

 

10% = 7.50

75.00

Port Service Charges

 

10% = 41.94

419.35

Customs Disbursement

 

Exempt Rated

1,641.09

GST Amount

1440.09

 

 

Quarantine Processing Charge

     49.00

 

 

Declaration Processing Charge

 152.00

 

 

Cartage

 

10% = 29.50

295.00

 

SUBTOTAL

 

2,715.44

 

ADD GST

 

107.44

 

TOTAL AUD

 

2,822.88

 

Can anyone help how to enter this invoice?

Thanks & Kind Regards

Ravinder

  • Ravinder's avatar
    Ravinder
    5 years ago

    Hi Emily

     

    Thank you so much, it's really helpful.

     

    Kind Regards

    Ravinder

  • Emily_B's avatar
    Emily_B
    Former Staff
    5 years ago

    Hello Ravinder 

     

    If you have already recorded the purchase and the only difference between your AccountRight record and the below invoice is the tax code, I would recommend following the steps in this Help Article: Non-standard GST amounts. At the bottom you will find a FAQ for How do I fix a transaction recorded with the wrong GST/Tax code? Essentially, you are looking at either manually changing the transaction (instructions here) or deleting the record in AcountRight in which the tax was NT and re-entering that purchase with the applicable GST. Please let me know how you go and if I can assist any further.

    • Ravinder's avatar
      Ravinder
      Experienced User
      5 years ago

      Hi Emily

      Thanks for your message.

      But still confused, my question is that I have record the purchase with N-T as there was no GST mentioned in the commercial invoice recieved from the supplier amounting  $14493 (AUD) on 17.06.2020 and paid all the amount on 22.6.2020. 

      If I am not wrong, for the overseas purchase, we need to pay tax to the custom when items will reach here, not to the overseas supplier, that's why I recorded the purchase with tax code N-T.

      Now I received the above tax invoice from custom on 11.8.2020 but I don't understand how to record it in MYOB, especially amounts in "Bold"

      Description

       

      GST in AUD

      Charges in AUD

      Agency Fees

       

      10% = 15.50

      155.00

      CMR Compliance

       

      10% = 8.50

      85.00

      Quarantine Lodgment Fee

       

      10% = 4.50

      45.00

      Delivery Order Fee

       

      10% = 7.50

      75.00

      Port Service Charges

       

      10% = 41.94

      419.35

      Customs Disbursement

       

      Exempt Rated

      1,641.09

      GST Amount

      1440.09

       

       

      Quarantine Processing Charge

           49.00

       

       

      Declaration Processing Charge

       152.00

       

       

      Cartage

       

      10% = 29.50

      295.00

       

      SUBTOTAL

       

      2,715.44

       

      ADD GST

       

      107.44

       

      TOTAL AUD

       

      2,822.88

       

      Kind Regards

      Ravinder

      • Emily_B's avatar
        Emily_B
        Former Staff
        5 years ago

        Hello Ravinder 

         

        Thank you for clarifying. In that case I would recommend having a look at this Help Article: Non-standard GST amounts and please refer to the opened drop-down menu for A transaction that is all GST. This should answer any further questions about the process, which is essentially entering two lines against the invoice:

        • one line for the original transaction amount to calculate the GST
        • one line to negate the original transaction amount to leave just the GST

        But, in case you'd like a few other examples, there are some former posts (here, here, here) with similar queries that have great information from some of the Partners and other moderators we have here on the forum. Some of them offer different advice and generally speaking I would follow what is outlined in the MYOB Help Article, but you might see something that asissts in your scenario.

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