GST Training Malaysia on Goods and Services Tax (GST)
GST Training on Malaysian Goods and Services Tax (GST)
Register your emails firstname.lastname@example.org receive latest update on upcoming GST Training Seminar in Malaysia. Information includes GST
registration, GST refund, GST taxes, GST relief, etc for various businesses and industries. Registration
is FREE. Go through the gst training below on GST in Malaysia. Avoid gst tax penalty and fine that can be
painful. Almost everyone in Malaysia will be affected by GST. Be prepared. Get your GST accounting
in order. Get your company records up to date and get your pricing right. Most important, get back the GST
refund (GST credit) you are entitled to claim! Train your employees from cashier, purchasing, sales,
logistics, IT, accounts, finance, managers, professionals, directors to deal with GST.
GST Training on Malaysian Goods and Services Tax (GST) in Malaysia
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GST Malaysia: Manufacturing and Export in Goods and Services Tax (030-intro)
GST Malaysia on Manufacturing: GST covers all supply chain in the economy such as manufacturing, distribution
and retailing. Almost all supplies in the manufacturing sector is subjected to GST including sale of finished
goods, stocks, capital assets and services rendered to other establishments. A manufacturer, who is a taxable
person, is required to charge GST on taxable supplies that are standard-rated when they are sold to buyers. On the
other hand, he is allowed to claim as input tax on any GST incurred on his purchases which are input to his
business. Buyers who are GST registered persons are allowed to set off GST incurred on their acquisition against
their output tax.
GST charged to customers is termed as “Output Tax” and those incurred by the manufacturer on his business
purchases and overheads is termed as “Input Tax”. Output tax will be offset by input tax and if output tax is more than input tax, the net tax is
payable to the Malaysian Customs (tax authority). However, if input tax exceeds output tax payable, the tax
authority will refund back the surplus input tax to the manufacturer.
To make the export sector in Malaysia more competitive, all exports are zero-rated, meaning exporters do not
collect output tax on their supplies. All major re-exporters will have positive input tax refund as they have very
little collection of output tax to help them offset against input tax on their acquisitions including imports.
Manufacturers who are export-oriented would be eligible for Approved Trader Scheme (to defer gst payment),
see/listen to video below. Under this scheme, the manufacturers could suspend GST payment on imported goods, thus
easing the cash flow problem on import. For more information, go to online gst course.
GST Malaysia for Approved Trader Scheme
(009-intro) Malaysia GST for Approved Trader Scheme. What are the benefits? Payment of GST is
suspended on import. That means no GST is payable at the time of import. Watch the video and find out who are
eligible. For more information on GST in Malaysia, register for the online gst course.
Accounting for GST in Malaysia on Invoice or Payment Basis (029-intro)Accounting for GST
in Malaysia on Invoice or Payment Basis. For more, go to online gst course..
GST Malaysia on Claiming Bad Debt Relief (028-intro) Claiming bad debt relief from
Customs Malaysia on GST paid when your customers fail to settle their debts within six months. For more, go to
online gst course.
Malaysia Businesses to Issue GST "Tax" Invoice Upon GST Registration (027) What is
a GST "Tax" Invoice that a business is required to issue upon GST registration? For more, go to online gst
GST Malaysia on Relief for Second Hand Goods
(008-intro) Malaysia GST for Relief on Second Hand Goods. Who should be interested in this?
People who are in the business of buying and selling second hand goods such as motor vehicles, buildings, etc. GST
is chargeable on the margin and not the full price. An approval from the tax authority is required to be eligible
for this relief. For more information on GST in Malaysia, register for online gst course.
GST Malaysia on Warehouse Scheme
(010-intro) Malaysia GST for Warehouse Scheme. Who should be interested? People who import
goods, duty free shops operators, licensed warehouse owners. What is the benefit? Suspension of GST upon import
until goods are taken out of the warehouse. For more information on GST in Malaysia, register for online gst course.
GST Malaysia for Approved Jeweller Scheme
(011-intro) Malaysia GST for Approved Jeweller Scheme. Jeweller manufacturer no need to pay
GST on purchases (by way of recipient self-accounting), but has to charge GST. Find out what is recipient
self-accounting by watching the video. Approval required from the tax authority. For more information on GST in
Malaysia, register for online gst course.
GST Malaysia for Agents and Principals
(012-intro) Malaysia GST for agents and principals. Who should be interested? Travel agents,
motor vehicle importers and distributors, agents who earn commissions from the principals, etc. For more
information, register your emails at email@example.com
GST Malaysia for Approved Toll Manufacturer Scheme
(013-intro) Malaysia GST on Toll Manufacturing Scheme. Value-added activities disregarded. To
qualify: Export 80% of finished goods and involved in toll manufacturing services worth more than RM2m with his
overseas principal. Who and what is toll manufacturing? A toll manufacturer is a company which has a specialized
equipment that processes raw materials or semifinished goods for another company. Also called toll processing. For
more information on GST in Malaysia, register for online gst course.
GST Malaysia on Audit & Assessment
(014-intro) Malaysia GST on audit. What are the types of audit conducted? How to long the GST
audit period cover? How long to keep records for GST in Malaysia? Find out in the e-learning video. For more
information, send your emails to firstname.lastname@example.org
Malaysia GST for Transfer of
Business as a Going Concern (TOGC) If you sell assets to a buyer, you must
charge GST. However, if you sell or transfer assets as part of the sale of a business, you will be given
relief from GST. However, to be eligible for this relief certain conditions must be fulfilled. The key
condition is that the business transferred must be able to continue to operate on its own and there's no
change in the type of business. For more information on GST in Malaysia, send your emails to email@example.com
Malaysia GST for Joint
Venture (JV) under Production Sharing Contract (PSC) For more information on GST in Malaysia,
send your emails to firstname.lastname@example.org
Malaysia Goods and Services Tax (GST) for Private Charities and Public
Charities For more information on GST in Malaysia, send your emails to
GST Malaysia for Employee Benefits (015-intro)
Account for GST on goods given free to employees. For services, no GST is chargeable. You are allowed to give
RM500 worth of gifts to employees every year with no GST chargeable. Anything more than RM500, GST is chargeable.
For goods given free to employees, can you claim back GST paid on those purchases? Yes, you can. For more
information, please email email@example.com
GST Malaysia for Repossession of Goods (004-intro)
Malaysia GST for Repossession of Goods -- Goods sold/auction by the financier / seller / repossession agent.
When does the financier / seller / repossession agent account for GST (output tax) for the sale? If the owner
(hirer/hire purchase owner) is GST registered, then agent must account for GST. It depends on the GST status of the
owner. And, if the agent is registered for GST, then he must charge GST on the commission he charges the financier
for whom he provides the repossession services. For more information on GST in Malaysia, register for online gst course.
GST Malaysia for Auctioneers
Malaysia GST for Auctioneers. This information is for auction houses, auctioneers, finance institutions, hire
purchase finance companies.
Auctioneer account for GST for his own commission and the GST for the owner of the goods, if the owner is a GST
registered person. Even if he (auctioneer) is not a registered person for GST but if the owner/hirer of the goods
is, then he must account for output tax on the sale. If owner is not registered for GST, he doesn't have to account
for GST on the auction sale. Where does the tax liability lie in charging and paying GST? With the agent or
auctioneer who carried out the auction/sale.
Auctioneer is regarded as an agent. His client who is the financier or owner is the principal. An auctioneer may
act for his principal in his (auctioneer) own name. Supply between the auctioneer and the principal is disregarded
for GST purpose.
At the start of the auction, the auctioneer must inform the bidders whether the auction sale is GST inclusive or
exclusive. For more information on GST in Malaysia, register for online gst course.
GST Malaysia for Equity and Futures Dealers
Malaysia GST for Equity and Futures Market. Who might be interested in this? Stock brokerages, futures
brokerages, share dealers, futures dealers, members of the stock exchange, remisiers, online trading brokerages,
financial institutions, investment houses, fund managers. For more information on GST in Malaysia, register for
online gst course.
GST Malaysia for Flat Rate Scheme
Malaysia GST Flat Rate Scheme for approved person to charge GST at flat rate to his GST-registered customers.
This scheme is for those who have turnover below the GST threshold. Certain conditions apply. Who should be
interested in this scheme? People who are in crop production, livestock, fisheries and the GST-registered customers
who buy from these approved persons. What are the benefits of this scheme? Approved persons can claim back GST
through charging GST on the sales of items that otherwise would be categorized as zero-rated, and allow
GST-registered companies to claim back GST for purchases as the approved persons must issue invoices for the flat
rate scheme charged. For more information on GST in Malaysia, register for online gst course.
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GST Malaysia Enquiry: Tel
03-21169689 Email: email@example.com
Feedback: Tel 03-50219302 Fax 03-21165999 (9.00 am to 5.00 pm)
Suite 33-01, 33rd Floor, Menara Keck Seng,203 Jalan Bukit Bintang, 55100 Kuala Lumpur, Malaysia