malaysia - Tax & Revenue - News

Over 4,000 Companies in Sabah registered for SST - Customs

KOTA KINABALU, Sept 24 (Bernama) - A total of 4,091 business premises and companies in Sabah have registered for the Sales and Service Tax (SST) system as of Sept 13, according to Sabah Customs Assistant Director Venitha Lojuti.
Date: 24 September 2018; Type: Industry Updates; Source: Bernama

Companies Subject to Tax won't be able to evade SST - Guan Eng

BATU PAHAT, Sept 22 (Bernama) - Companies that are subject to pay tax will not be able to evade from paying the Sales and Services Tax (SST) as the government has a big database system to detect their information.
Date: 22 September 2018; Type: Industry Updates; Source: Bernama

Customs to conduct SST briefing in Batu Pahat on Saturday

PUTRAJAYA, Sept 19 (Bernama) - The Rotal Malaysian Customs Department will be conducting a briefing on the Sales and Services Tax (SST) together with Finance Minister Lim Guan Eng at The Katerina Hotel, Batu Pahat, Johor this coming Saturday, Sept 22.
Date: 19 September 2018; Type: Industry Updates; Source: Bernama

Prices of Five Car makes to drop after SST

GEORGE TOWN, Sept 11 (Bernama) - Several makes of cars including imported ones recorded a price reduction of up to RM3,000 after the implementation of the Sales and Service Tax (SST).
Date: 11 September 2018; Type: Industry Updates; Source: Bernama

Government ready to review List of Goods under SST - Saifuddin

ALOR SETAR, Sept 10 (Bernama) - The government is prepared to review the list of goods under the Sales and Services Tax (SST) to ascertain the need to exempt any product from the tax or reduce the tax rate. Domestic Trade and Consumer Affairs Minister Datuk Saifuddin Nasution Ismail said even though the list of goods had been finalised, in pri ...
Date: 10 September 2018; Type: Legal News; Source: Bernama

Plastic bags for Rice to be exempted from SST

ALOR SETAR, Sep 9 (Bernama) - Plastic bags used by distributors and traders to pack rice will also be exempted from the Sales and Service Tax (SST), Finance Minister Lim Guan Eng said.
Date: 09 September 2018; Type: Legal News; Source: Bernama

Consumers can now lodge SST-related Complaints via WhatsApp

ALOR SETAR, Sept 10 (Bernama) - Members of the public can now lodge complaints related to the Sales and Service Tax (SST) by sending a Whatsapp message via 019-2794317. said Domestic Trade and Consumer Affairs Minister Datuk Saifuddin Nasution Ismail.
Date: 10 September 2018; Type: Industry Updates; Source: Bernama

Government expects changes in Housing Prices after SST Exemption

GEORGE TOWN, Sept 9 (Bernama) - The Federal Government expects a more positive response from housing industry players following its decision to exempt construction services and certain building materials from the Sales and Services Tax (SST).
Date: 09 September 2018; Type: Legal News; Source: Bernama

Finance Minister maintains Six per cent Service Tax on Mobile Postpaid

KUALA LUMPUR, Sept 6 (Bernama) - The Ministry of Finance maintains the six per cent service tax on mobile postpaid services as implemented under the Goods and Services Tax.
Date: 06 September 2018; Type: Legal News; Source: Bernama

KKMM, Finance Ministry to discuss Tax on Online Business Activities

IPOH, Sept 5 (Bernama) - The Communications and Multimedia Ministry (KKMM) will hold discussions with the Finance Ministry on the implementation of a tax on online business activities, says its Deputy Minister Eddin Syazlee Shith.
Date: 05 September 2018; Type: Legal News; Source: Bernama

Government seeks New Revenue Sources

KUALA LUMPUR, Sept 4 (Bernama) - The government is exploring new sources of revenue including considering to impose a tax on online business activities, the Dewan Negara was told today.
Date: 04 September 2018; Type: Legal News; Source: Bernama

Customs Department issues List of SST Officers to assist Traders

KUALA LUMPUR, Sept 4 (Bernama) - The Royal Malaysian Customs Department has issued a list of officers whom traders can contact to help them understand procedures in respect of the implementation of the Sales and Service Tax (SST).
Date: 04 September 2018; Type: Industry Updates; Source: Bernama

Shellfish, Salted Fish are exempted from SST

PUTRAJAYA, Sept 3 (Bernama) - Seafood categorised as crustaceans and molluscs are exempted from the 10 per cent Sales and Services Tax (SST) effective immediately, said Finance Minister Lim Guan Eng.
Date: 03 September 2018; Type: Legal News; Source: Bernama

Review of SST Rate Guide to continue until Year-End

PUTRAJAYA, Sept 3 (Bernama) - The list of items in the Guide on Sales Tax Rate for Various Goods for the implementation of the Sales and Service Tax (SST) will be reviewed and amended until year-end.
Date: 03 September 2018; Type: Legal News; Source: Bernama

Special Officer on GST to be appointed in Each State - Guan Eng

SEREMBAN, Sept 3 (Bernama) - A special officer tasked with matters pertaining to the Sales and Services Tax (SST) will be appointed in each state.
Date: 03 September 2018; Type: Legal News; Source: Bernama

Review, Amendment of Goods under SST by Year-End - Lim

BUTTERWORTH, Sept 1 (Bernama) - The government will be reviewing the list of goods under the Sales and Services Tax (SST) and amend the list by the end of the year.
Date: 01 September 2018; Type: Legal News; Source: Bernama

MySST System to be inaccessible during Maintenance

KUALA LUMPUR, Aug 30 (Bernama) - The MySST system, which has been operational since early this month, will undergo maintenance from midnight to 2.00 am daily for the purpose of updating data.
Date: 30 August 2018; Type: Industry Updates; Source: Bernama

ACCA holds SST 2.0 Seminar for Members

KUALA LUMPUR, Aug 30 (Bernama) - The Association of Chartered Certified Accountants (ACCA) organised a one-day seminar on the impending Sales and Services Tax (SST) 2.0 at Sheraton Petaling Jaya recently attended by over 300 people.
Date: 30 August 2018; Type: Industry Updates; Source: Bernama

SST: Cigarette Prices for all JTI Malaysia Brands to increase

KUALA LUMPUR, Aug 30 (Bernama) - JT International Bhd (JTI Malaysia) today announced that there would be an increase in cigarettes prices for all the brands it distributes in Malaysia following the introduction of the Sales and Services Tax (SST) effective Sept 1.
Date: 30 August 2018; Type: Industry Updates; Source: Bernama

Agong gives Consent for SST Implementation from September 1

KUALA LUMPUR, Aug 28 (Bernama) - The Yang di-Pertuan Agong, Sultan Muhammad V, has given his consent to implement the Sales and Services Tax (SST), paving the way for the tax to come into effect on Sept 1. The King's approval on Friday last week came after the Dewan Rakyat and the Dewan Negara gave their green-light on Aug 9 and Aug 20, respec ...
Date: 28 August 2018; Type: Legal News; Source: Bernama

INDUSTRY UPDATES

Fundamental Freedoms must be aligned with International Standards - Dewan Rakyat Speaker

KUALA LUMPUR, Sept 25 (Bernama) - Parliamentarians have to ensure that the Federal Constitution and laws relating to freedom of expression, access to information and press freedom are in line with international human right standards, said Dewan Rakyat Speaker Datuk Mohamad Ariff Md Yusof.

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INDUSTRY UPDATES

SME Mart to assist Entrepreneurs Market Products Overseas

SHAH ALAM, Sept 24 (Bernama) - SME Mart, an initiative introduced by Dewan Ekonomi Usahawan Malaysia (DEUM) will serve as a platform for Small and Medium Enterprise (SME) entrepreneurs to sell their products on both the local and international market.

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INDUSTRY UPDATES

Over 4,000 Companies in Sabah registered for SST - Customs

KOTA KINABALU, Sept 24 (Bernama) - A total of 4,091 business premises and companies in Sabah have registered for the Sales and Service Tax (SST) system as of Sept 13, according to Sabah Customs Assistant Director Venitha Lojuti.

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INDUSTRY UPDATES

MTA, IBFIM launch revised Takaful Basic Examination

KUALA LUMPUR, Sept 24 (Bernama) - The Malaysian Takaful Association (MTA) and Islamic Banking and Finance Institute Malaysia (IBFIM) today launched the revised Takaful Basic Examination (TBE).

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INDUSTRY UPDATES

Amend Act to protect Sexual Harassment Victims - WAO

KUALA LUMPUR, Sept 21 (Bernama) - The Women’s Aid Organisation (WAO) has urged the government to amend the Sexual Harassment Act to protect the victims.

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INDUSTRY UPDATES

Lawyer Azhar Azizan new EC Chairman

KUALA LUMPUR, Sept 21 (Bernama) - Lawyer Azhar Azizan is the new chairman of the Election Commission (EC), Chief Secretary to the Government Datuk Seri Dr Ismail Bakar announced today.

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INDUSTRY UPDATES

Companies Subject to Tax won't be able to evade SST - Guan Eng

BATU PAHAT, Sept 22 (Bernama) - Companies that are subject to pay tax will not be able to evade from paying the Sales and Services Tax (SST) as the government has a big database system to detect their information.

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INDUSTRY UPDATES

Government to announce SST Goods List Review before 2019 Budget

KUALA LUMPUR, Sept 20 (Bernama) - The outcome of review of the list of goods under the Sales and Services Tax (SST) is expected to be announced before the tabling of the 2019 Budget, said Finance Minister Lim Guan Eng.

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INDUSTRY UPDATES

Government drafts Quality Standard for Public Transport Terminals

MELAKA, Sept 20 (Bernama) - A quality standard for upgrading public transport terminals nationwide is being drafted to include various aspects for the convenience and safety of passengers, said Transport Minister Anthony Loke Siew Fook.

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INDUSTRY UPDATES

Child Marriage a Violation of Human Rights

KUALA LUMPUR, Sept 19 (Bernama) - Child marriage is a violation of human rights and not a solution to poverty, said Human Rights Commission of Malaysia (Suhakam) chairman Tan Sri Razali Ismail.

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INDUSTRY UPDATES

Minister to table Review on Consultation Fees of Private Medical Practitioners in Due Course - Health DG

SHAH ALAM, Sept 19 (Bernama) - Health Minister Dzulkefly Ahmad is expected to table a review on the consultation fees of medical practitioners at private clinics and hospitals at the Cabinet meeting in a week or two, said Health director-general Datuk Dr Noor Hisham Abdullah.

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INDUSTRY UPDATES

Lawyer charged with CBT involving RM750,000

KUALA LUMPUR, Sept 19 (Bernama) - A female lawyer pleaded not guilty in the Sessions Court here today to misappropriating funds belonging to a client.

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INDUSTRY UPDATES

Customs to conduct SST briefing in Batu Pahat on Saturday

PUTRAJAYA, Sept 19 (Bernama) - The Rotal Malaysian Customs Department will be conducting a briefing on the Sales and Services Tax (SST) together with Finance Minister Lim Guan Eng at The Katerina Hotel, Batu Pahat, Johor this coming Saturday, Sept 22.

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INDUSTRY UPDATES

Judicial Appointments Commission has Four New Eminent Persons

PUTRAJAYA, Sept 18 (Bernama) - The four eminent persons of the Judicial Appointments Commission (JAC) have been replaced, according to a statement from the JAC secretariat. The new appointees are three former judges of the Court of Appeal, namely Datuk Seri Mohd Hishamudin Md Yunus, Datuk Linton Albert and Datuk Mah Weng Kwai, and University of Malaya legal and constitutional expert Emeritus Professor Datuk Dr Shad Saleem Faruqi, it said. The statement said they will serve for a period of two years, from Sept 4 this year to Sept 3, 2020.

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INDUSTRY UPDATES

Need to review Case of Man sentenced to death over Medical Cannabis - Mahathir

KUALA LUMPUR, Sept 18 (Bernama) - Prime Minister Tun Dr Mahathir Mohamad said today there is a need to review the case of a 29-year-old man who has been sentenced to death for providing medicinal cannabis oil.

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