Inclusive/Exclusive of GST

This refers to the price of the product or service.

Note: If you have not assigned a GST code to your product or service, you need to assign the applicable GST code to each transaction line on your form.

Exclusive of GST

This is the most common situation.

The price or cost of items shown in the Amount column does not include GST (net price).

Only the total amount includes GST; line and subtotal amounts do not. The GST amount is shown as a separate amount at the bottom of the form and is not included in the subtotal.

Inclusive of GST

The price or cost of items shown in the Amount column includes GST (gross price).

GST is included in each of the amounts (line, subtotal, and total) of the sales form. The total amount of GST is also shown at the bottom of the form.

Out of scope of GST

Items are not subject to GST.