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The General Guide on Service Tax is a part of a series of educational materials made available to help businesses prepare for the implementation of the imposition of service tax in Malaysia.
Service Tax is a consumption tax governed by the Service Tax Act 2018 and its subsidiary legislation. The effective date of the Service Tax Act 2018 is 1 September 2018. Service tax is imposed on prescribed services called “taxable services”.
30 kwi 2024 · The Royal Malaysian Customs Department (RMCD) has released an updated general guide on service tax (“general guide”) dated 27 February 2024, which is available only in the national language and supersedes the previous version dated 4 August 2021.
The rate of service tax is 6% ad valorem for all taxable services and digital services except for the provision of charge or credit card services. Service tax for the provision of charge or credit card services is RM25 per year on each principal card or supplementary card.
Service tax applies to prescribed taxable services, provided by prescribed taxable persons. With effect from 1 January 2019, service tax also applies to imported taxable services. Service tax is a final tax with no credit mechanism.
o Service tax charged on actual value of taxable service provided. d) Provision of electricity: B2C; more than 600kWh. o Service tax charged on actual value of taxable service provided. e) Clubs includes: Night club. Private club. Golf club and golf driving range. o Service tax charged on actual value of taxable service provided.
The General Guide on Service Tax is a part of a series of educational materials made available to help businesses prepare for the implementation of the imposition of service tax in Malaysia.
