malaysia - Tax & Revenue

Over 4,000 Companies in Sabah registered for SST - Customs

KOTA KINABALU, Sept 24 (Bernama) - A total of 4,091 business premises and companies in Sabah have registered for the Sales and Service Tax (SST) system as of Sept 13, according to Sabah Customs Assistant Director Venitha Lojuti.
Date: 24 September 2018; Type: Industry Updates; Source: Bernama

Companies Subject to Tax won't be able to evade SST - Guan Eng

BATU PAHAT, Sept 22 (Bernama) - Companies that are subject to pay tax will not be able to evade from paying the Sales and Services Tax (SST) as the government has a big database system to detect their information.
Date: 22 September 2018; Type: Industry Updates; Source: Bernama

Customs to conduct SST briefing in Batu Pahat on Saturday

PUTRAJAYA, Sept 19 (Bernama) - The Rotal Malaysian Customs Department will be conducting a briefing on the Sales and Services Tax (SST) together with Finance Minister Lim Guan Eng at The Katerina Hotel, Batu Pahat, Johor this coming Saturday, Sept 22.
Date: 19 September 2018; Type: Industry Updates; Source: Bernama

Guide on Sales Tax Rates for Various Goods

This guide notifies the various Sales Tax Rates of goods based on Gazetted Orders.
Date: 08 September 2018; Type: Guide; Source: Malaysia Sales & Service Tax (SST)

Guide on Transitional Rules

This transitional guide is prepared to assist taxable persons in understanding matters with regards to transitional issue related to the transition and rationalization of Goods and Service (GST) to Sales and Service Tax (SST). From 1 September 2018, SST 2018 together with its respective subsidiary legislation are introduced to replace the GST Act 2 ...
Date: 05 September 2018; Type: Guide; Source: Malaysia Sales & Service Tax (SST)

Sales Tax Guide on Return and Payment

This guide provides information pertaining to the requirements and procedures for submitting the sales tax return in a prescribed form (SST-02) and make sales tax payments under the Sales Tax Act 2018.
Date: 04 September 2018; Type: Guide; Source: Malaysia Sales & Service Tax (SST)

Sales Tax Guide on Registration

The guide is prepared to assist businesses in understanding matters with regards to service tax registration requirements and procedures under Sales Tax Act 2018. From 1 September 2018, Sales Tax Act 2018 and the Service Tax Act 2018 together with its respective subsidiary legislation are introduced to replace the Goods and Service Act 2014.
Date: 25 August 2018; Type: Guide; Source: Malaysia Sales & Service Tax (SST)

Service Tax Guide on Return and Payment

This guide provides information pertaining to the requirements and procedures for submitting the Service Tax return in a prescribed form (SST-02) and make Service Tax payments under the Service Tax Act 2018.
Date: 04 September 2018; Type: Guide; Source: Malaysia Sales & Service Tax (SST)

Sales Tax Guide on Automotive Industry

This guide is prepared to assist registered manufacturers and importers in the automotive industry, in understanding matters pertaining to sales tax treatment on the activities of manufacturing, importation and transportation of motor vehicles, sales value and import value, in accordance with the policies and legislations related to sales tax.  ...
Date: 23 August 2018; Type: Guide; Source: Malaysia Sales & Service Tax (SST)

Sales Tax Guide on Manufacturing and Import/Export

This guide is prepared to assist registered manufacturers and the industries (excluding automotive) in understanding matters pertaining to sales tax chargeable on goods manufactured and imported, or sales and transportation of finished goods manufactured in accordance with the policies and legislation related to sales tax. The Sales Tax A ...
Date: 23 August 2018; Type: Guide; Source: Malaysia Sales & Service Tax (SST)

General Guide on Service Tax

The General Guide on Service Tax is a part of a series of educational materials made available to help businesses prepare for the implementation of the imposition of service tax in Malaysia.
Date: 07 September 2018; Type: Guide; Source: Malaysia Sales & Service Tax (SST)

Service Tax Guide on Advertising Services

This Guide is prepared to assist a registered person in understanding the service tax treatment on advertising services. From 1 September 2018, the provision of advertising services under prescribed circumstances are subject to service tax.
Date: 23 August 2018; Type: Guide; Source: Malaysia Sales & Service Tax (SST)

Service Tax Guide on Parking Service

This guide is prepared to assist a registered person in understanding the service tax treatment on parking service. From 1 September 2018, any person who operates or provides parking spaces for a motor vehicle where parking charges are imposed is subject to service tax.
Date: 23 August 2018; Type: Guide; Source: Malaysia Sales & Service Tax (SST)

Service Tax Guide on Accommodation

The Guide is to provide guidance to the service providers in the hospitality industry specifically hoteliers, and other providers of sleeping accommodations. From 1 September 2018, the provision of accommodation under prescribed circumstances is subject to service tax at the rate of 6%.
Date: 07 September 2018; Type: Guide; Source: Malaysia Sales & Service Tax (SST)

Service Tax Guide on Information Technology Services

The Guide is prepared to assist a registered person in understanding the service tax treatment on information technology services. From 1st September 2018, the provision of Information Technology Services is subject to service tax.
Date: 09 September 2018; Type: Guide; Source: Malaysia Sales & Service Tax (SST)

General Guide on Sales Tax

This General Guide on Sales Tax is a part of a series of educational materials made available to help businesses prepare for the implementation of the imposition of sales tax in Malaysia.
Date: 07 September 2018; Type: Guide; Source: Malaysia Sales & Service Tax (SST)

Prices of Five Car makes to drop after SST

GEORGE TOWN, Sept 11 (Bernama) - Several makes of cars including imported ones recorded a price reduction of up to RM3,000 after the implementation of the Sales and Service Tax (SST).
Date: 11 September 2018; Type: Industry Updates; Source: Bernama

Service Tax Guide on Betting and Gaming

This guide is prepared to assist a registered person in understanding the service tax treatment on betting and gaming. From 1 September 2018, the provision of betting and gaming under prescribed circumstances is subject to service tax.
Date: 04 September 2018; Type: Guide; Source: Malaysia Sales & Service Tax (SST)

Government ready to review List of Goods under SST - Saifuddin

ALOR SETAR, Sept 10 (Bernama) - The government is prepared to review the list of goods under the Sales and Services Tax (SST) to ascertain the need to exempt any product from the tax or reduce the tax rate. Domestic Trade and Consumer Affairs Minister Datuk Saifuddin Nasution Ismail said even though the list of goods had been finalised, in pri ...
Date: 10 September 2018; Type: Legal News; Source: Bernama

Plastic bags for Rice to be exempted from SST

ALOR SETAR, Sep 9 (Bernama) - Plastic bags used by distributors and traders to pack rice will also be exempted from the Sales and Service Tax (SST), Finance Minister Lim Guan Eng said.
Date: 09 September 2018; Type: Legal News; Source: Bernama

INDUSTRY UPDATES

Fundamental Freedoms must be aligned with International Standards - Dewan Rakyat Speaker

KUALA LUMPUR, Sept 25 (Bernama) - Parliamentarians have to ensure that the Federal Constitution and laws relating to freedom of expression, access to information and press freedom are in line with international human right standards, said Dewan Rakyat Speaker Datuk Mohamad Ariff Md Yusof.

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INDUSTRY UPDATES

SME Mart to assist Entrepreneurs Market Products Overseas

SHAH ALAM, Sept 24 (Bernama) - SME Mart, an initiative introduced by Dewan Ekonomi Usahawan Malaysia (DEUM) will serve as a platform for Small and Medium Enterprise (SME) entrepreneurs to sell their products on both the local and international market.

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INDUSTRY UPDATES

Over 4,000 Companies in Sabah registered for SST - Customs

KOTA KINABALU, Sept 24 (Bernama) - A total of 4,091 business premises and companies in Sabah have registered for the Sales and Service Tax (SST) system as of Sept 13, according to Sabah Customs Assistant Director Venitha Lojuti.

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INDUSTRY UPDATES

MTA, IBFIM launch revised Takaful Basic Examination

KUALA LUMPUR, Sept 24 (Bernama) - The Malaysian Takaful Association (MTA) and Islamic Banking and Finance Institute Malaysia (IBFIM) today launched the revised Takaful Basic Examination (TBE).

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INDUSTRY UPDATES

Amend Act to protect Sexual Harassment Victims - WAO

KUALA LUMPUR, Sept 21 (Bernama) - The Women’s Aid Organisation (WAO) has urged the government to amend the Sexual Harassment Act to protect the victims.

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INDUSTRY UPDATES

Lawyer Azhar Azizan new EC Chairman

KUALA LUMPUR, Sept 21 (Bernama) - Lawyer Azhar Azizan is the new chairman of the Election Commission (EC), Chief Secretary to the Government Datuk Seri Dr Ismail Bakar announced today.

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INDUSTRY UPDATES

Companies Subject to Tax won't be able to evade SST - Guan Eng

BATU PAHAT, Sept 22 (Bernama) - Companies that are subject to pay tax will not be able to evade from paying the Sales and Services Tax (SST) as the government has a big database system to detect their information.

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INDUSTRY UPDATES

Government to announce SST Goods List Review before 2019 Budget

KUALA LUMPUR, Sept 20 (Bernama) - The outcome of review of the list of goods under the Sales and Services Tax (SST) is expected to be announced before the tabling of the 2019 Budget, said Finance Minister Lim Guan Eng.

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INDUSTRY UPDATES

Government drafts Quality Standard for Public Transport Terminals

MELAKA, Sept 20 (Bernama) - A quality standard for upgrading public transport terminals nationwide is being drafted to include various aspects for the convenience and safety of passengers, said Transport Minister Anthony Loke Siew Fook.

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INDUSTRY UPDATES

Child Marriage a Violation of Human Rights

KUALA LUMPUR, Sept 19 (Bernama) - Child marriage is a violation of human rights and not a solution to poverty, said Human Rights Commission of Malaysia (Suhakam) chairman Tan Sri Razali Ismail.

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INDUSTRY UPDATES

Minister to table Review on Consultation Fees of Private Medical Practitioners in Due Course - Health DG

SHAH ALAM, Sept 19 (Bernama) - Health Minister Dzulkefly Ahmad is expected to table a review on the consultation fees of medical practitioners at private clinics and hospitals at the Cabinet meeting in a week or two, said Health director-general Datuk Dr Noor Hisham Abdullah.

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INDUSTRY UPDATES

Lawyer charged with CBT involving RM750,000

KUALA LUMPUR, Sept 19 (Bernama) - A female lawyer pleaded not guilty in the Sessions Court here today to misappropriating funds belonging to a client.

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INDUSTRY UPDATES

Customs to conduct SST briefing in Batu Pahat on Saturday

PUTRAJAYA, Sept 19 (Bernama) - The Rotal Malaysian Customs Department will be conducting a briefing on the Sales and Services Tax (SST) together with Finance Minister Lim Guan Eng at The Katerina Hotel, Batu Pahat, Johor this coming Saturday, Sept 22.

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INDUSTRY UPDATES

Judicial Appointments Commission has Four New Eminent Persons

PUTRAJAYA, Sept 18 (Bernama) - The four eminent persons of the Judicial Appointments Commission (JAC) have been replaced, according to a statement from the JAC secretariat. The new appointees are three former judges of the Court of Appeal, namely Datuk Seri Mohd Hishamudin Md Yunus, Datuk Linton Albert and Datuk Mah Weng Kwai, and University of Malaya legal and constitutional expert Emeritus Professor Datuk Dr Shad Saleem Faruqi, it said. The statement said they will serve for a period of two years, from Sept 4 this year to Sept 3, 2020.

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INDUSTRY UPDATES

Need to review Case of Man sentenced to death over Medical Cannabis - Mahathir

KUALA LUMPUR, Sept 18 (Bernama) - Prime Minister Tun Dr Mahathir Mohamad said today there is a need to review the case of a 29-year-old man who has been sentenced to death for providing medicinal cannabis oil.

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