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Suspended Limit Amount
Suspended Limit Amount
Used in Value Added Tax (VAT) or Goods and Services Tax (GST) environments where VAT or GST is suspended for the customer until a cumulative sales order amount is reached. In this situation, the field contains the cumulative sales limit. VAT or GST code will be charged on items assigned a suspended VAT or GST code only when the year-to-date suspended amount equals or exceeds this limit. In all other situations, this field will be equal to zero.