Goods and Services Tax (GST) Guides Issued


The Malaysian government continues its efforts in seeking public feedback and acceptance of the Goods and Services Tax (GST) implementation in Malaysia, as well as continues to create public awareness and educate the people and businesses.

Royal Malaysian Customs has on 7 July 2011, issued draft Goods and Services Tax (GST) General Guide and Industry Guides for public/business feedback and comment.

Members from the public/business sector are invited to give comments on these guides by sending email to Tuan Mohd Hisham bin Mohd Nor at [email protected].

GST General Guide (draft)

The GST General Guide booklet forms part of a series of educational materials made available to help businesses and organisations prepare for GST implementation in Malaysia.

The content of the GST General Guide includes:-

1 Introduction
2 Scope of goods and services tax
3 Registration for GST
4 Supply
5 Imported services
6 Imported and exported goods
7 Tax invoice and record keeping
8 Credit notes, debit notes, bad debt relief and adjustments
9 Taxable period, accounting basis, furnishing of returns, payment of tax
10 Input tax credit
11 Partial exemption
12 Capital goods adjustment
13 Refund and remission
14 Special treatment/transactions
15 Audit and assessment
16 GST rulings
17 Review and appeal

Click here to download the draft GST General Guide.

GST Industry Guides (draft)

Besides GST General Guide above, GST Industry Guide booklets are also made available specifically to provide guidance to businesses and organizations operating in specific industries.

GST Industry Guide includes:-

a) Approved Jeweller Scheme

b) Approved Toll Manufacturer Scheme

c) Approved Trader Scheme

d) Manufacturing Sector

Click the link above to download the respective draft GST Industry Guide.