Stamp Duty (Remission) (Revocation) Order 2023
IN exercise of the powers conferred by subsection 80(2) of the Stamp Act 1949 [Act 378], the Minister makes the Stamp Duty (Remission) (Revocation) Order 2023. This Order is deemed to have come into operation on 1 April 2023. As a result of this new Order, the previous Stamp Duty (Remission) (No. 2) Order 2019 […]
Customs (Provisional Anti-Dumping Duties) Order 2023
Today’s article will discuss a vital order related to anti-dumping duties. So, if you’re involved in international trade or import-export business, this information is crucial for you. Let’s get started! In exercise of the powers conferred by section 24 of the Countervailing and Anti-Dumping Duties Act 1993 [Act 504] and subsection 11(1) of the Customs […]
Stamp Duty (Exemption) Order 2023
In exercise of the powers conferred by subsection 80(1) of the Stamp Act 1949 [Act 378], the Minister hereby makes the Stamp Duty (Exemption) Order 2023. This Order is deemed to have come into operation on 1 June 2022. Exemption: The Minister exempts stamp duty in respect of any loan agreement to finance the purchase […]
Stamp Duty (Exemption) (No. 2) Order 2023
The Stamp Duty (Exemption) (No. 2) Order 2023 has been gazetted under subsection 80(1) of the Stamp Act 1949 [Act 378] by the Minister. The order came into operation on 1 June 2022 and may be cited as the Stamp Duty (Exemption) (No. 2) Order 2023 [PU(A) 177/2023]. Under this order, the Minister has granted […]
Stamp Duty (Exemption) (No. 3) Order 2023
The Stamp Duty (Exemption) (No. 3) Order 2023 [P.U. (A) 178] has been issued under subsection 80(1) of the Stamp Act 1949 [Act 378] by the Minister. This order, officially known as the Stamp Duty (Exemption) (No. 3) Order 2023, is deemed to have come into operation on 1 April 2023. Under this order, the […]
Stamp Duty (Remission) Order 2023
In exercise of the powers conferred by subsection 80(2) of the Stamp Act 1949 [Act 378], the Minister hereby makes the Stamp Duty (Remission) Order 2023 [PU(A) 179/2023]. This Order is deemed to have come into operation on 1 June 2022. Remission: The Minister remits 75% of the stamp duty chargeable on any loan agreement […]
Stamp Duty (Remission) (No. 2) Order 2023
In exercise of the powers conferred by subsection 80(2) of the Stamp Act 1949 [Act 378], the Minister hereby makes the Stamp Duty (Remission) (No. 2) Order 2023 [PU(A) 180/2023]. The order is deemed to have come into operation on 1 June 2022. Remission: The Minister remits 75% of the stamp duty chargeable on any […]
Tourism Tax Policy No. 2/2023: Extension of Grace Period for Tourism Tax Collection by DPSP
Attention all Digital Platform Service Providers (DPSP) operating in Malaysia, The Royal Malaysian Customs Department (RMCD) published Tourism Tax Policy (TTP) No. 2/2023 on April 13, 2023, on its MyTTx website to inform you of the extension to the grace period for the collection, accounting, and remittance of tourism tax (TTx) from foreign tourists who […]
Voluntary Disclosure Program (VDP): Indirect Taxes
We are pleased to inform you that the Royal Malaysian Customs Department (RMCD) will be reintroducing a Voluntary Disclosure Program (VDP) for indirect taxes, as announced by the Minister of Finance during the Budget 2023 speech on 24th February 2023. The VDP will cover mistakes or omissions related to indirect taxes previously unknown or undiscovered […]
Services Tax (Amendment) Regulations 2023
In exercise of the powers conferred by section 91 of the Service Tax Act 2018 [Act 807], the Minister has made the Services Tax (Amendment) Regulations 2023. These regulations, which come into operation on 15 May 2023, introduce amendments to the existing Service Tax Regulations 2018 [P.U. (A) 214/2018]. The amendments include the following changes: […]
