GST Quick Reference
The GST (Goods and Services Tax) status of an product is set in the product card.
GST (Goods and Services Tax) status
There are three status options:
- GST means that GST is charged whether the Transaction is from supplier to supplier; supplier to retailer; retailer to third party supplier (with an ABN number) or from retailer to customer.
- NO GST means that GST is charged only between suppliers/ retailers and third parties who are not the "end user" of the product. Therefore products flagged as NO GST do not have GST added to the retail price.
- GST-FREE means no-one pays GST on this product.
GST Examples
Fred NXT POS Code | Definition | Example only | Pharmacy pays GST | Customer pays GST |
---|---|---|---|---|
Y | GST |
|
Yes | Yes |
N | No GST |
|
Yes | No |
F | GST Free |
|
No | No |
If you have inquiries relating to GST, contact the Australian Tax Office. Examples given above are examples only and are subject to change .
Related Topics
- Create new non-dispense (front of shop) items
- Create a product manually