SST 1: Latest Update & Understanding of Sales Tax & Service Tax

About Course

SST was implemented on 1^st September 2018 and manufacturers, importers, exporters, traders and service providers need to possess the necessary knowledge to understand the fundamental sales tax and service tax (SST) principles . It is important for businesses to apply the correct SST treatment in order to submit the correct returns and pay the exact amount of tax.

Lately, even for businesses who are NOT registered with SST, you may also need to comply with the rules and regulations, e.g. vendor (agent) who purchase materials on behalf of a registered manufacturer will need to apply for Schedule C item 3 from customs in order to get exemptions from sales tax.

Furthermore, imported service will cover all businesses now. Non-registrant who consumed overseas service in Malaysia will need to declare and pay for the service tax.

Brochure

— Course Fee: RM 1,080.00 (Inclusive of 8% Service Tax) —

Understand the scopes of sales tax and service tax
Look for sales tax exemptions available
Apply the underlying principles of SST in recording of business transactions
Keep proper accounting records as required under SST legislation
Know the year 2020 new taxable services and service tax exemptions available
Understand the service tax exemptions available
Avoid contravening the Customs Act 1967
Identified issues which may affect your company
Do correction for SST return
Know the SST appeal process
Understand the practical SST issues faced by industries

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