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Sales & Service Tax (SST) 2018

Dear Sir / Madam,
Good Day!

Please be informed that Government has announced the Sales and Service Tax (SST) will be implemented starting 1st September 2018. The Royal Malaysian Customs Department had drafted the proposed SST framework as published in their website.

1. Proposed Sales Tax Implementation ModelDownload
2. Proposed Service Tax Implementation ModelDownload

In this regard, Malaysian Investment Development Authority (MIDA) is taking the initiative to gather feedback/ responses from industries that will be affected by the tax  treatment under the new SST; to be highlighted to the Ministry of Finance.

Therefore we will appreciate if you could provide your feedback/responses by filling up the template accordingly to MIDA.Please also provide explanation with real examples on the tax treatments i.e. types of transactions and subsidiaries affected, etc.

Template_on_Potential_SST_ImplicationsDownload

Kindly requested to submit the completed template latest by 9th August 2018 to NikIkram@mida.gov.my

Regards

MSTMA Secretariat