ARE YOU READY FOR GST AUDIT FROM KASTAM? GST starts on 1 April 2015 in Malaysia. The government will also start
its audit with newly trained GST auditors around Malaysia. In view of this, GST Malaysia online website has new GST
training dates to help companies in implementing GST.
GST Implementation Guide
The first step towards preparing for GST is for companies to do GST registration online at www.
gst.customs.gov.my. The second step is to attend GST seminar on understanding what is GST tax in Malaysia. GST in
Malaysia is similar to GST in Singapore, UK and Australia. GST in Malaysia is administered by Customs GST
GST Accounting Software with GST Tax Code and Compliant
After doing a GST register, GST training on goods and services tax, step three is to get a GST software for
accounting. Knowing what is GST in Malaysia by attending GST training and making GST online registration is not
complete until Malaysian companies upgrade or buy GST accounting software from compliant GST software Malaysia such
as myob accounting software.
Implementing GST and GST Training
Companies also have to keep monitoring new update from www.gst Customs GST by
downloading GST pdf. To ensure proper GST implementation, the GST registration number must appear on tax invoice
and simplified tax invoice. If unsure of GST implementation in Malaysia, it is best to start with attending a GST
course first before hiring a GST consultant because that can be expensive. GST Malaysia implementation is a
process. There will be more update from GST Malaysia online website in 2015. GST form and GST guide Malaysia are
issued by Customs GST department.
GST Registration and GST Training
Companies can also volunteer to register GST by filling up GST registration form. GST Malaysia online website
has a GST calculator to calculate GST amount by keying in the GST rate and calculate GST penalty. GST meaning of
the GST tax Malaysia process is not easy to understand from the GST guide. The best is for companies to attend a
GST training which is claimable under HRDF.
GST Audit and GST Accounting
Step four, after the GST implementation steps above is to hire a GST auditor. The GST auditor will do a GST
audit on the GST accounting process to highlight any improvement required to the accounting for GST tax. Another
advice on Malaysia goods and services tax implementation of GST in Malaysia is to buy a compliant POS point of
sales cashier system. Go to GST Malaysia training website provide GST information on how to register GST, what is
GST in Malaysia, zero rated GST, government service tax Malaysia, GSTaccounting software Malaysia, GST exemption
list, GST tax invoice sample, GST application and more.
Steps towards GST Implementation correctly:
(1) Understand how to implement GST. It is highly recommended to attend GST Training that