Important Updates in the Food & Beverages Guide
Some significant amendments to the Service Tax Regulations 2018 under the Service Tax (Amendment) Regulations 2023 [P.U. (A) 150/2023], which was gazetted on 12 May 2023. These Regulations come into operation on 15 May 2023. As a result, the Royal Malaysian Customs Department uploaded the revised Guide on Food & Beverages onto their MySST website […]
Customs Revised Guides on Accommodation
Some significant amendments to the Service Tax Regulations 2018 under the Service Tax (Amendment) Regulations 2023 [P.U. (A) 150/2023], which was gazetted on 12 May 2023. These Regulations come into operation on 15 May 2023. We would like to inform you that the RMCD released an updated service tax guide on accommodation services on 27 […]
Tax and Duty Implications for Exporters: Use of New Code for Export of Finished Goods
The notification from the Royal Malaysian Customs Department (RMCD), dated 24 May 2023, is of utmost importance for companies engaged in exporting activities. Starting from 1 June 2023, these companies are mandated to use the code “XE – EXPORT FINISHED GOODS WITH EXEMPTION” within the Customs Information System (Sistem Maklumat Kastam (SMK)) when declaring the […]
