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LisaMT's avatar
LisaMT
Contributing User
2 months ago

Capital Goods Imported

Hi,

I have a bill in EURO from an overseas supplier for a capital purchase.

What tax code should I use to enter this in Accounts Payable?

I assume this is a no GST capital purchase?

Thanks in advance.

 

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  • Carl_ProSpend's avatar
    Carl_ProSpend
    Experienced Partner
    2 months ago

    LisaMTI would not be asking for Tax compliance advice on a general forum, speak to an authorized BAS Agent would be my recommendation on getting the best possible advice.