Q & A on Service Tax on Digital Service and Implementation of Sales Tax on Low-Value Goods
The Royal Malaysian Customs Department (RMCD) has uploaded a list of Questions and Answers (Q & A) regarding the Service Tax on Digital Services (SToDS) and the Implementation of Sales Tax on Low-Value Goods (LVG) on February 3, 2023, following a webinar organised by the RMCD on January 17, 2023. This Q&A publication clarifies matters […]
Customs (Anti-Dumping Duties) (Extension) Order 2023 [P.U.(A) 33/2023]
Please be advised that the Minister has issued an order under section 25 of the Countervailing and Anti-Dumping Duties Act 1993 [Act 504] and subsection 11(1) of the Customs Act 1967 [Act 235]. This order, known as the Customs (Anti-Dumping Duties) (Extension) Order 2023, extends the Customs (Anti-Dumping Duties) Order 2018 published in P.U. (A) […]
Draft Guide on Goods Delivery Services dated 9 January 2023 (Bahasa Malaysia version)
Service Tax is a consumption tax administered under the Service Tax Act 2018 and its subsidiary legislation. The effective date of the Service Tax Act 2018 is 1 September 2018. Service tax is levied on services known as “Taxable Services”. Any person providing taxable services exceeding the prescribed threshold is required to be registered under […]
The Minister Appoints 1 January 2023 as the Effective Date for Indirect Tax Amendment Acts
The following Amendment Acts will come into operation on 1 January 2023, as appointed by the Minister: Reference: 1. Customs (Amendment) Act 2022 [Act A1669] 2. P.U. (B) 639 3. Excise (Amendment) Act 2022 [Act A1670] 4. P.U. (B) 640 5. Sales Tax (Amendment) Act 2022 [Act A1671] 6. P.U. (B) 641 7. Service Tax […]
Sales Tax (Persons Exempted from Payment of Tax) (Amendment) (No. 2) Order 2022
We would like to inform the public that the Minister has made the Sales Tax (Persons Exempted from Payment of Tax) (Amendment) (No. 2) Order 2022, in the exercise of the powers conferred by paragraph 35(1)(b) of the Sales Tax Act 2018 [Act 806]. This order will come into operation on 1 January 2023. The […]
New Government Takes a Stand: Service Tax on Delivery Services on Hold
The Malaysian government has further postponed implementing a service tax on goods delivery services until a later date to be announced. Initially proposed in Budget 2022, the tax excludes food and beverage delivery and logistics services. The Royal Malaysian Customs Department deferred the tax until 1 January 2023, but the Prime Minister and Finance Minister, […]
Stamp Duty Treatment for Transfer of Property by Way of Love and Affection
Updated on 15 July 2023- Dialogue between MOF， LHDNM， and CTIM [21/6/2023] Update: The Ismail Sabri Government Budget is no longer applicable. Malaysia’s national budget for 2023 was re-tabled again in February 2023. To Download Revised Budget 2023 Speech and some other related publications – https://www.ccs-co.com/post/budget-2023-malaysia-madani Current Position Effective from 1 January 2019, the stamp […]
Stamp Duty Treatment for Educational Loan/Scholarship Agreement
Update: The Ismail Sabri Government Budget is no longer applicable. Malaysia’s national budget for 2023 was re-tabled again in February 2023. To Download Revised Budget 2023 Speech and some other related publications – https://www.ccs-co.com/post/budget-2023-malaysia-madani Current Position According to Item 22(4) of the First Schedule of the Stamp Act 1949, an educational loan or scholarship agreement […]
Extension of Stamp Duty Exemption on Restructuring or Rescheduling of Loan/Financing Agreement
Updated on 15 July 2023- Dialogue between MOF, LHDNM, and CTIM [21/6/2023] Update: The Ismail Sabri Government Budget is no longer applicable. Malaysia’s national budget for 2023 was re-tabled again in February 2023. To Download Revised Budget 2023 Speech and some other related publications – https://www.ccs-co.com/post/budget-2023-malaysia-madani Current Position On the restructuring or rescheduling of a […]
Application For Sales Tax Exemption Certificate Under Item 65, Schedule A of the Exemption Order
The announcement from the Royal Malaysian Customs Department (RMCD) on 20 December 2022 pertains to the Application for Sales Tax Exemption Certificate under Item 65, Schedule A of the Sales Tax (Persons Exempted From Payment Of Tax) Order 2018. On 20 December 2022, the Royal Malaysian Customs Department (RMCD) released an announcement regarding the Application […]
