SST was implemented on 1st 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.
Furthermore, imported service and digital service tax will cover all businesses now. Non-registrant who consumed overseas services in Malaysia will need to declare and pay the service tax.
Brochure
— Course Fee: RM 1,080.00 (Inclusive of 8% Service Tax) —
- Module 1.1: Introduction to services Tax
– Introduction to services tax legislation
– Scope of Services tax, payment basis and rate of tax
– List of prescribed taxable services
– List of service tax policies until August 2022
- Module 1.2: Services Tax Compliance and Return
– Provision of management services and consulting services
– Group of companies’ exemption and same industry exemption
– SST-02A Form (Service Tax Declaration by Other Than Registered Person)
- Module 1.3: Digital Service Tax in the Year 2020
– How does digital service tax work?
– Guide on digital services by the foreign service provider
– Digital service tax for foreign service providers effective on 1 January 2020
- Module 1.4: Updated guide on Information Technology Services in March 2021
- Module 1.5: Offences, Penalty and Customs Audit
– Late submission and payment of tax
– Failure to keep records
– Customs appeal tribunal
– Bad debts relief tracking procedures
– Customs audit procedures
– Tips to avoid the red flag
- Module 1.6: Service Tax Concerns
– Service tax concerns and complicated areas
– Q & A