GST System Changes Newsletter

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SWPC Latest Events

Thu Aug 13 @10:00 - 05:30PM
Webinar: Latest Sales Tax Mechanism and Exemption Facilities for Manufacturers and Traders Updates
Fri Aug 14 @09:00 - 05:00PM
Mastering Management Accounting and Management Accounting Reports
Fri Aug 14 @10:00 - 05:30PM
Webinar: Latest Sales Tax Mechanism and Exemption Facilities for Manufacturers and Traders Updates
Mon Aug 17 @09:00 - 05:00PM
销售税最新进展
Fri Aug 28 @09:30 - 05:30PM
Mastering Data Analysis Tools using Microsoft Excel

Tax Code Assignment for Stamps

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.

POS Malaysia Announcement

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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GST System Changes