{"id":217,"date":"2018-09-06T10:39:30","date_gmt":"2018-09-06T03:39:30","guid":{"rendered":"https:\/\/www.support.skybizglobal.com\/?p=217"},"modified":"2018-09-06T10:39:30","modified_gmt":"2018-09-06T03:39:30","slug":"import-services-entry-and-declaration","status":"publish","type":"post","link":"https:\/\/aisupport.skybizglobal.com\/skybizoffline\/import-services-entry-and-declaration\/","title":{"rendered":"Import Services Entry and Declaration"},"content":{"rendered":"<p><strong>Below are guideline(s) on Import Services Entry and Declaration.<\/strong><\/p>\n<p><strong>Q : My company had hired overseas consultant from Australia to give consultation for my company. What is the applicable tax code and how to declare this transaction?<\/strong><\/p>\n<p><strong>\u00a0<\/strong><\/p>\n<p><strong>A : This transaction is consider as imported services and you must use self-recipient accounting (SRA tax code) to declare it in GST-03 return. This mechanism of SRA will record the same value of Supply and Purchase transactions for the imported services. The example for imported services transaction is as follows:<\/strong><\/p>\n<p><strong>Step 1: Key in a purchase invoice using SRA as tax code, the tax charges will be zero as shown below<img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.skybizglobal.com\/ticket\/kbimage\/k_sra_invoicefromsupplier.jpg\" alt=\"\" width=\"1052\" height=\"716\" \/><\/strong><\/p>\n<p><strong>\u00a0<\/strong><\/p>\n<p><strong>Step 2: Key in a payment voucher to supplier. Reverse charge mechanism is made by recipient during payment to supplier<\/strong><\/p>\n<p><strong><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.skybizglobal.com\/ticket\/kbimage\/k_sra_paymentvoucher.jpg\" alt=\"\" width=\"1200\" height=\"810\" \/><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Below are guideline(s) on Import Services Entry and Declaration. Q : My company had hired overseas consultant from Australia to give consultation for my company. What is the applicable tax code and how to declare this transaction? \u00a0 A : This transaction is consider as imported services and you must use self-recipient accounting (SRA tax ..<\/p>\n<div class=\"clear-fix\"><\/div>\n<p><a href=\"https:\/\/aisupport.skybizglobal.com\/skybizoffline\/import-services-entry-and-declaration\/\" title=\"read more...\">Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-217","post","type-post","status-publish","format-standard","hentry","category-financial"],"_links":{"self":[{"href":"https:\/\/aisupport.skybizglobal.com\/skybizoffline\/wp-json\/wp\/v2\/posts\/217","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/aisupport.skybizglobal.com\/skybizoffline\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/aisupport.skybizglobal.com\/skybizoffline\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/aisupport.skybizglobal.com\/skybizoffline\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/aisupport.skybizglobal.com\/skybizoffline\/wp-json\/wp\/v2\/comments?post=217"}],"version-history":[{"count":1,"href":"https:\/\/aisupport.skybizglobal.com\/skybizoffline\/wp-json\/wp\/v2\/posts\/217\/revisions"}],"predecessor-version":[{"id":218,"href":"https:\/\/aisupport.skybizglobal.com\/skybizoffline\/wp-json\/wp\/v2\/posts\/217\/revisions\/218"}],"wp:attachment":[{"href":"https:\/\/aisupport.skybizglobal.com\/skybizoffline\/wp-json\/wp\/v2\/media?parent=217"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/aisupport.skybizglobal.com\/skybizoffline\/wp-json\/wp\/v2\/categories?post=217"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/aisupport.skybizglobal.com\/skybizoffline\/wp-json\/wp\/v2\/tags?post=217"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}