How does Afirmo handle GST for businesses with mixed GST and zero-rated sales?
Record each sale using the GST treatment that applies to that supply. Standard-rated supplies generally use 15%. Zero-rated supplies are taxable at 0% and remain in the GST return. Exempt supplies are not included as taxable sales.
Do not treat all overseas sales, financial services or property transactions the same way. The customer's location, residency, evidence, land use and exact service can change the result. Use separate products or line items where that helps apply and review the correct GST code.