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Tax Code Assignment for Stamps
- Details
- Written by Stanley K Wong
- Category: GST System Changes Articles
Postage and stamps are monopoly of POS Malaysia Berhad. POS Malaysia announced new operation for postage and stamps recently. Therefore the tax code assignment has to apply according to new changes.
| Effective Date | Stamps and Postage GST Treatment | Tax Code Assignment as Recipient |
| Until 30/09/2016 | Suply Given Relief | ZP > RP |
| From 01/10/2016 | Domestic Stamps - Standard Rated | TX |
| From 01/10/2016 | Internation Stamps - Zero Rated | ZP |
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