SST was implemented on 1st September 2018 and in the year 2025, there are many items from exempted status became taxable. The SST impact on businesses can be major if you are not well prepared to ensure your business activities are SST compliant. Businesses should start reviewing their return because SST is a transaction base and self- compliance tax system and heavy penalty is imposed upon failure to comply with the rules and regulations.
Brochure
— Course Fee: RM 1,080.00 Inclusive of 8% Service Tax) —
• Module 1.1: Sales Tax 2018 (Single stage tax)
oScope of sales tax on the manufacturing industry
oUsage of Schedule C item 1 (ring system)
oSales Tax Order Amendments in the year 2022 for the usage of Schedule C item 1
oApplication procedure for non-registered person being, Schedule C item 3
oComplication of subcontract works for another registered manufacturer, Schedule C item 5
Module 1.2: Exemptions
oSales tax exemptions available for:-
▪Goods
▪Persons
▪Fixed assets (application process and conditions imposed)
oExemptions available for non-registered manufacturer
oCancellation of item applied under Schedule B and C
oCancellation of Schedule B and C exemptions applied
Module 1.3: Exemption Report Preparation
oIntroduction to reports to be prepared for exemptions (Schedule A, B & C)
oAmendment on the sales tax return (SST-02) at MySST portal
oExercise: prepare an internal checklist to determine non-compliance
oReport being prepared for exemption under AMES
oDeclaration for breach of compliance by using Form SST-ADM
oVoluntary disclosure and its risk
Module 1.4: Sales tax audit
oIntroduction of SST compliance audit framework
oCustoms’ audit objectives and why it is important for customs?
oLegislation provision for the audit process
oWhich taxable period will be selected for audit?
oAny selection criteria for audit, like risk assessment by customs?
oWill sales tax audit lead to other tax issues?
oHow audit will be carried out and what are the supporting documents required?
oAuditee’s rights and responsibilities during the audit
oPrivate and confidential information provided to the customs department
oCustoms power to assess
Module 1.5: Hot areas which will be audited for sales tax
oTariff codes confirmation
oPresentation of supporting document
oSales tax related court cases
oJointly and several liabilities of directors
oQ & A Session