Is Egypt’s GST indirect tax GST?

GST or GST?

GST or otherwise know as ‘Goods and Service Tax’ is almost identical to VAT and as far as configuring this in an Oracle R12 or Oracle Fusion instance, it may as well be. However don’t be fooled by Egypt’s GST as it actually stands for ‘General Sales Tax’ and this is set up differently in Oracle, primarily there is no tax to recover.

Hopefully the plans to move to a VAT for Egypt will continue to evolve but no confirmation on this as yet.

Andrew Bohnet
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Andrew Bohnet

Managing Director and Oracle Fusion Tax / eBTax expert at eBiz Answers Ltd
Andrew Bohnet is the current chair for the Oracle Tax Management SIG. He founded eBiz Answers to offer clients complete tax solutions making the most of the rich functionality of the R12 and Fusion tax modules. Whether it is analysis, design, configuration or support, eBiz Answers provide an unparalleled service when it comes to a complete tax solution. Having worked on one of the first Oracle R12 implementations in Europe, Andrew was exposed to the tax module early on and worked closely with Oracle to fix bugs, enhance functionality and present on numerous occasions on the subject of tax and Oracle. When it comes to presenting on eBTax, you wont find a more experienced consultant outside of Oracle.
Andrew Bohnet
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