Reduced rate

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MANAGER ACCOUNTS
187 Points Posted on 12 June 2020
dear all

reduced rate GST @ 9%

can we charge 9% on invoices instead of 18%
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On 12 June 2020 at 20:07 Report
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Quick Summary
This discussion explores the possibility of charging a reduced GST rate of 9% on invoices, rather than the standard 18%. Participants are clarifying if this is permissible and what the potential consequences might be, particularly if a lower rate is collected but the higher rate is still payable to the authorities.

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Student
23693 Points Posted on 12 June 2020
Are you talking about Reduced Rate of Interest ???
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On 12 June 2020 at 20:36
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MANAGER ACCOUNTS
187 Points Posted on 12 June 2020
Reduced to gst @ 9%
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On 12 June 2020 at 21:57
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4215 Points Posted on 14 June 2020
If you're collect lesser rate of GST but you have to pay original rate @ 18%
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On 14 June 2020 at 21:31

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