eKTP 22

Update on Goods and Services Tax (GST) General Guide


The Royal Malaysian Customs (RMC) has issued two updates to the GST General Guide since 23 December 2015.  The latest updated GST General Guide - revised as at 1 July 2016 was uploaded on 4 July 2016.  The changes relate to the following:

Penalty for Late Payment of Tax

Transfer Of Going Concern (TOGC)

  • Registration for Transfer of Business as a Going Concern

  • Transfer of business Asset as a TOGC.

Imported Services

  • Time of Supply & Exceptions to the General Rules (Para 88)

  • Value of Supply


  • Mechanism to Claim Input Tax

  • Discount Vouchers

  • Warehousing Scheme

  • Corporate Social Responsibility

  • Amount of Tax Due and Payable to the Director General

Click here for A summary of the changes reprinted from Ctim. We will discuss some of this change in our next eKTP.