Goods and Services Tax (GST) Guide

Please be informed that the Royal Malaysian Customs (RMC) has recently uploaded GST Industry Guide on Airline Industry.

You may write to the Institute at technical@ctim.org.my or secretariat@ctim.org.my in respect of any suggestions, concern or comments you may have on the Guide, so that we may raise it to the Customs.

Members may view the Guide on the Institute website or the official website of Malaysia Goods and Services Tax (GST).

Goods and Service Tax (GST) Guides

Further to our e-CTIM TECH 66/2013 dated 11 June 2013, please be informed that the Royal Malaysian Customs (RMC) has recently uploaded the following:-

1) GST Industry Guide on Money Lenders; and

2) GST Industry Guide on Pawn Broking.

You may write to the Institute at technical@ctim.org.my or secretariat@ctim.org.my in respect of any suggestions, concern or comments you may have on the Guides, so that we may raise it to the Customs.

Members may view the Guides on the Institute website or the official website of Malaysia Goods

and Service Tax (GST).

Submission of Comments on Draft GST Guides and Revised List of Taxable and Non-Taxable Items under Second Schedule to the Service Tax Regulations, 1975

We are pleased to inform that the Institute has recently submitted the following to the Authority:

1) Comments on “Draft” GST Guide – Registration;

2) Comments on “Draft” GST Guide – Tax Invoice and Record Keeping;

3) Comments on “Draft” GST Guide – Warehousing Scheme;

4) Comments on “Draft” GST Guide – Import;

5) Comments on “Draft” GST Guide – Approved Traders Scheme; and

6) Comments on Revised List of Taxable and Non-Taxable Items Under Second Schedule to the Service Tax Regulations, 1975

Members may view the above documents at the Institute’s website.

Goods and Service Tax (GST) Industry Guides on Insurance and Takaful

Further to our e-CTIM TECH. No.66/2013, dated 11 June 2013, please be informed that the Royal Malaysian Customs (RMC) has just uploaded GST Industry Guide on Insurance and Takaful.

You may write to the Institute at technical@ctim.org.my in respect of any concern or comments you may have on the Guide.

Members may view the Guide on the official website of Malaysia Goods and Service Tax (GST).

Goods and Service Tax (GST) Guides

Please be informed that the Royal Malaysian Customs (RMC) has recently issued the following:-

1) GST Specific Guide on Supply;

2) GST Specific Guide on Input Tax Credit;

3) GST Industry Guide on Freight Transportation; and

4) GST Industry Guide on Passenger Transportation

We would be pleased if you could let us have your feedback and/or any concern in writing to technical@ctim.org.my as soon as possible, so that we may raise it to the Customs.

Members may view the Guides on the Institute website or the official website of Malaysia Goods and Service Tax (GST).

Goods and Service Tax (GST) Guides

Please be informed that the Royal Malaysian Customs (RMC) has recently issued the following:-

1) GST Guide on Hire Purchase and Credit Sale; and

2) GST Guide on Leasing

We would be pleased if you could let us have your feedback and/or any concern in writing to technical@ctim.org.my as soon as possible, so that we may raise it to the Customs.

Members may view the Guides on the Institute website or the official website of Malaysia Goods and Service Tax (GST).

GOOD AND SERVICES TAX (GST) TRAINING COURSE

CTIM is pleased to present to our members a 10-day modular course followed by a 3-day revision session and a 1-day examination which will commence on 1 November 2012 and end on 15 December 2012 with the cooperation and support of the Royal Malaysian Customs Department.

The speakers for this GST training course are representatives from the GST Implementation Unit of the Royal Malaysian Customs Department.

Click here for brochure and registration form.

If you need further information or clarification on the above, kindly contact the CPD Secretariat, Mr Jason/Ms Fadeah/Ms Yus/Ms Ally/Ms Nur at 03-2162 8989 ext 108/113/121/123/106 respectively.

CTIM’S COMMENTS ON PROPOSED AMENDMENTS TO GOODS AND SERVICES TAX (GST) BILL 2009

The Tax Review Panel (TRP) of the Ministry of Finance has made available the Proposed Amendments to Goods and Services Tax (GST) Bill 2009 for public comment and feedback.

In response to the above, the Technical Committee – Indirect Tax (TC-IT) of the Institute has deliberated on the proposed amendments and has submitted comments to the TRP on 30 August 2012.

Members may view the Institute’s comments at the Institute’s website.

POSTPONEMENT OF THE SECOND READING OF GOODS AND SERVICES TAX (GST) BILL 2009

Please be informed that the Second Reading of GST Bill 2009 which is scheduled on 19 April 2012 has been postponed to another date.