Telecommunications
VAT on B2C Telecom Services (Jordan 16%)
Recording 16% General Sales Tax on postpaid and prepaid subscriber revenue in Jordan.
| Account Name | Type | Debit ($) | Credit ($) |
|---|---|---|---|
| Accounts Receivable / Cash (GST Inclusive) | Asset (+) | 29.00 | - |
| Subscription Revenue (Excl. GST) | Revenue (+) | - | 25.00 |
| GST / VAT Output Payable (16%) | Liability (+) | - | 4.00 |
💡 Accountant's Note
Telecom services in Jordan attract 16% General Sales Tax. Prices are typically quoted inclusive of tax. Revenue is always recognized net of the tax collected on behalf of the government.
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