Transaction type is given as a string, rather than a code, where each position in the string has a defined meaning. The length of the string is always 8 position what have value of either 1 or 0. Each position is true if the value is 1 but false if its value is 0. There may be more than one position with a true value in the string.
| Code | Name/Description |
|---|---|
1XXXXXXX |
Free trade zone (position 1)
Supply of goods or services in Free trade zone |
X1XXXXXX |
Deemed supply (position 2)
Supply of goods or services without consideration |
XX1XXXXX |
Profit Margin Scheme (position 3)
Supply of goods under the profit margin scheme |
XXX1XXXX |
Summary invoice (position 4)
Taxable person makes more than one supply of Goods or Services to the same person in the same calendar month |
XXXX1XXX |
Continuous Supply (position 5)
Supply of goods and/or services made on recurrent basis |
XXXXX1XX |
Agent billing (position 6)
Agent who is a registrant makes a supply on behalf of the principal |
XXXXXX1X |
Supply through E-commerce (position 7)
Supply of goods or services via E-commerce |
XXXXXXX1 |
Exports (position 8)
Supply of goods or services outside the country |