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Tax02 May 2016

RMCD announcement – Penalty on GST late payment

Illustration for RMCD announcement – Penalty on GST late payment

01eKTP 15

Following to our previous newsletter on e-KTP 2015/49: Penalty on GST Late Payment, Royal Malaysian Customs Department (RMCD) has officially announced with effective from 1/1/2016, failure to pay the amount of GST will be penalized in accordance with amendments made to Section 41 of Goods and Service Tax Act 2014.

Please refer below link for further details:

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