Monday, November 4, 2013

How Does GST Work in Malaysia – GEC Business Review

by Paul Lee

As per the current tax regime, the 10% Sales Tax (on manufacturing and imports) and 6% Service Tax (applicable to professional services and F&B industry) is collected by one party (usually by the seller) and passed on the tax authorities.

For example, in the previous 6% Service Tax regime, when you buy a cup of coffee from Old Town White Coffee costs RM15, you will pay RM15.90 (including the current 6% Service Tax). Old Town White Coffee will keep RM15 and pass on RM0.90 to the tax authorities.

In Goods & Services Tax context (6% GST), the following incident will happen:




5 comments:

oakleyses said...

mont blanc, insanity workout, ugg boots, valentino shoes, ugg boots, beats by dre, moncler, baseball bats, rolex watches, ugg pas cher, new balance shoes, chi flat iron, instyler, canada goose, marc jacobs, soccer jerseys, ugg australia, soccer shoes, herve leger, canada goose outlet, celine handbags, air max, uggs outlet, ghd, canada goose, ugg, hollister clothing store, moncler outlet, mcm handbags, lululemon outlet, moncler, ferragamo shoes, canada goose, timberland boots, north face outlet, bottega veneta, birkin bag, north face jackets, iphone 6 cases, jimmy choo outlet, asics running shoes, giuseppe zanotti, wedding dresses, moncler, nfl jerseys, canada goose uk, reebok outlet, babyliss pro, p90x, canada goose jackets

chenlina said...

chenlina20160319
retro 11
ray bans
coach outlet online
canada goose outlet
ray ban sunglasses outlet
louis vuitton
ray ban sunglasses uk
coach factory outlet online
abercrombie and fitch
jordan 3 white cenment
cheap nfl jerseys
canada goose outlet
coach outlet
louis vuitton outlet stores
cheap jordan shoes
gucci outlet
prada outlet
ralph lauren outlet
discount jordans
louis vuitton outlet
christian louboutin shoes
coach outlet
michael kors handbags
coach outlet store online
louis vuitton bags
michael kors outlet
louis vuitton outlet
cheap oakley sunglasses
cheap toms
jordan retro 13
kevin durant 8
coach outlet
oakley outlet
gucci handbags
christian louboutin
basketball shoes
michael kors handbags
nike air max
coach outlet online
insanity workout
as

艾丰 said...

jianbin0616
lululemon outlet
chrome hearts outlet online
christian louboutin outlet
ralph lauren polo shirts
fitflops sale clearance
mulberry handbags
ray-ban sunglasses
nike air max 90
swarovski crystal
adidas outlet store
louis vuitton handbags
hermes outlet store
celine outlet online
oakley sunglasses
michael kors handbags wholesale
longchamp solde
ray ban sunglasses
rolex watches
cheap nba jerseys
louboutin pas cher
soccer jerseys
fitflop clearance
true religion jeans
coach outlet
lacoste polo shirts
discount oakley sunglasses
christian louboutin outlet
michael kors factory outlet
lebron james shoes
fitflops sale
ralph lauren polo
michael kors outlet store
michael kors outlet
burberry outlet store

Unknown said...

ZHUO20160815
lebron james shoes
coach outlet
true religion jeans
red bottom shoes
yeezy boost 350 black
michael kors outlet
gucci outlet
pandora outlet
uggs
kobe shoes
jordan shoes
jordan shoes
rolex watches
coach factory outlet
mizuno running shoes
yeezy boost 350
supra shoes
birkenstock sandals
rolex replica watches
fitflops shoes
adidas shoes
cartier watches
nike store uk
cheap oakley sunglasses
skechers outlet
canada goose outlet
nike free run black
adidas nmd runner
louis vuitton outlet
yeezy boost 350 black
mcm outlet
cheap oakley sunglasses
prada sunglasses
ugg boots canada
true religion outlet
as

chenmeinv0 said...

mlb jerseys
prada outlet
abercrombie and fitch
coach factory outlet
mbt shoes
toms shoes
michael kors
asics shoes
michael kors tote
toms outlet
20175.22chenjinyan

Related Posts Plugin for WordPress, Blogger...