1. What is Sales Tax?
Sales Tax is an indirect tax levied on certain imported and locally manufactured goods. It is levied only once (single stage)
2. When is Sales Tax levied?
Locally manufactured goods –at the time goods are sold /used by himself/disposed of otherwise than by sale.(gifts etc)
Imported goods – at ... Read More
Category: Sales Tax
13
Mar2013
Sales tax in Malaysia is a single stage tax applicable to those importers or manufacturers.
Sales tax collected by the companies from the customers are to be remitted to Customs Departments every two months.
In Malaysia, almost all manufacturers are required to be licensed under the Sales Tax Act 1972.
Manufacturers with yearly ... Read More
13 March 2013Angelina Ariel
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