Sale of Motor Vehicle gst
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Wendy Van Oosten_8738626
Member Posts: 18 Novice Member

HI, we traded in a company motor vehicle so I provided a tax invoice to the car dealership. The transaction is under account Non-Current Asset - Sale of MV. What should the tax code be? Should it be against CAP gst code for the BAS? Thanks
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GST code
John Peppas
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Thanks John, sorry I tried to delete the comment before someone took the time to reply. I looked it up in the ATO. Cheers.
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CAP ia used for ACQUISITIONS not disposals0
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Hi Kevin
Is CAP a standard Reckon Code?
I though CAG was for Capital Acquisitions GST Included?John Peppas
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yes sorry, CAG.1
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