Entering Singapore Tax Code

Enter the appropriate Singapore tax code in the SG PEPPOL Tax Code field on the tax code record being referenced by your invoice or credit memo records. This links your NetSuite tax codes with Singapore tax codes; otherwise, you'll get an error in processing the e-documents of invoices and credit memos.

To enter the tax code in the SG PEPPOL Tax Code field:

1. Go to Setup > Accounting > Taxes > Tax Codes.

2. From the list, click Edit next to the tax code record you use for your business in Singapore.

3. In the SG PEPPOL Tax Code field, select the appropriate Singapore tax code.

   For more information, see Singapore Tax Codes.

4. Click Save.

Singapore PEPPOL-Ready e-Invoicing SuiteApp Tax Codes

The SuiteApp uses the following tax codes and tax types for accounts with a Singapore nexus:

Tax Type	Description	Properties
SG_DS	Supplies you need to report under GST law	Rate: 9% Tax Type: GST_SG Available on: Sales transactions Tax Rate Type: Standard Payables Account: Tax on Sales Singapore Receivables Account: Tax on Purchases Singapore
SG_ES33	Specific categories of exempt supplies listed under regulation 33 of the GST (General) Regulations	Rate: - Tax Type: GST_SG Available on: Sales transactions Tax Rate Type: Exempt Payables Account: Tax on Sales Singapore Receivables Account: Tax on Purchases Singapore
SG_ESN33	Exempt supplies not listed in regulation 33 of the GST (General) Regulations	Rate: - Tax Type: GST_SG Available on: Sales transactions Tax Rate Type: Exempt Payables Account: Tax on Sales Singapore Receivables Account: Tax on Purchases Singapore Non-Regulation 33 Exempt Supplies
SG_NG	Supplies from a company that isn't registered for GST	Supplies from a company which is not registered for GST
SG_OS	Supplies outside the scope of the GST Act	Rate: - Tax Type: GST_SG Available on: Sales transactions Tax Rate Type: Exempt Payables Account: Tax on Sales Singapore Receivables Account: Tax on Purchases Singapore
SG_SR	Standard GST rate for Singapore	Rate: 9% Tax Type: GST_SG Available on: Both Tax Rate Type: Standard Payables Account: Tax on Sales Singapore Receivables Account: Tax on Purchases Singapore
SG_SRCA-C	Customer accounting supply where the customer is responsible on the supplier's behalf	Rate: 9% Tax Type: GST_SG_RC Available on: Purchase transactions Tax Rate Type: Standard Payables Account: Tax on Sales Singapore Receivables Account: Tax on Purchases Singapore Customer Accounting Post as Sales in IAF
SG_SRCA-S	Customer accounting supply made by the supplier	Rate: - Tax Type: GST_SG Available on: Sales transactions Tax Rate Type: Exempt Payables Account: Tax on Sales Singapore Receivables Account: Tax on Purchases Singapore Customer Accounting
SG_SRLVG	Your own supply of low-value goods	Rate: 9% Tax Type: GST_SG Available on: Sales transactions Tax Rate Type: Standard Payables Account: Tax on Sales Singapore Receivables Account: Tax on Purchases Singapore
SG_SROVR-LVG	Low-value goods supplied by a redeliverer or electronic marketplace for third-party suppliers	Rate: 9% Tax Type: GST_SG Available on: Sales transactions Tax Rate Type: Standard Payables Account: Tax on Sales Singapore Receivables Account: Tax on Purchases Singapore
SG_SROVR-RS	Remote services supplied by an electronic marketplace under the Overseas Vendor Registration Regime	Rate: 9% Tax Type: GST_SG Available on: Sales transactions Tax Rate Type: Standard Payables Account: Tax on Sales Singapore Receivables Account: Tax on Purchases Singapore
SG_SRRC	Reverse charge - Standard rate for Singapore	Rate: 9% Tax Type: GST_SG_RC Available on: Purchase transactions Tax Rate Type: Standard Payables Account: Tax on Sales Singapore Receivables Account: Tax on Purchases Singapore Post as Sales in IAF
SG_UNDEF	Used when NetSuite cannot determine the appropriate tax code for a transaction.
SG_ZR	Zero GST rate for Singapore	Rate: 0% Tax Type: GST_SG Available on: Both Tax Rate Type: Zero Payables Account: Tax on Sales Singapore Receivables Account: Tax on Purchases Singapore

Singapore PEPPOL-Ready e-Invoicing SuiteApp Purchase Tax Codes for GST InvoiceNow

The SuiteApp uses the following purchase tax codes and tax types for accounts with a Singapore nexus:

Tax Type	Description
TX	Standard-rated purchases
TXCA	Standard-rated purchase of certain goods subject to customer accounting.
ZP	Purchases with zero GST rate.
IM	Imports of goods (9% GST paid to Singapore Customs on the import of goods into Singapore)
ME	Import of goods under a Special Scheme where GST payable is suspended.
IGDS	Imports of goods under the Import GST deferment scheme.
BL	Disallowed expenses
NR	Purchases from non-GST registered suppliers.
EP	Exempt purchases
OP	Out of scope purchases
TXRC-TS	Imported services and LVG directly attributable to the making of taxable supplies.
TXESS	Standard-rated purchases directly attributable to Regulation 33 exempt supplies.
TXRC-ESS	Imported services and LVG directly attributable to Regulation 33 exempt supplies.
IM-ESS	Imports of goods directly attributable to Regulation 33 exempt supplies.
TXRC-N33	Standard-rated purchases directly attributable to non-regulation 33 exempt supplies. Imported services and LVG directly attributable to non-regulation 33 exempt supplies.
IM-N33	Imports of goods directly attributable to non-regulation 33 exempt supplies.
TX-RE	Residual input tax purchases from GST-registered suppliers that are subject to GST at 9%. Attributable to the making of both taxable and exempt supplies or incurred for the overall running of the business.
TXRC-RE	Residual input tax on imported services and LVG subject to reverse charge. Attributable to the making of both taxable and exempt supplies or incurred for the overall running of the business.
IM-RE	Residual input tax on imports of goods subject to GST at 9%. Attributable to the making of both taxable and exempt supplies or incurred for the overall running of the business.

General Notices