Mastery card
I can explain GST Output Liability
GST collected (or payable) on your taxable outward supplies.
GST output tax liability is the tax payable on taxable supplies made by the registered person, before set-off of eligible input tax credit and other adjustments.
Sticky trick
Report revenue net of GST (or show tax separately) - don't call tax 'sales.'
Take into the room
In plain English, what is GST Output Liability?
Or open the share card ⬆️
Or start your own 5-word trail from home.