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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.
Applications for service tax registration shall be made online via MySST portal at www.mysst.customs.gov.my. Applicants are required to complete the information and details required in the registration form prescribed in the Service Tax Regulations
MySST. Understanding SST. a) What is Service Tax? Service tax that is a tax charged and levied on taxable services provided by any taxable person in Malaysia in the course and furtherance of business. Taxable person is any person who belongs in Malaysia and is prescribed to be a taxable person.
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.
Service tax is a tax charged on:- . o any provision of taxable services; . any business; . o by a taxable person; and . o in Malaysia. . t . harged on imported nor expo. te. 2. How does service tax works? 3. Who is the taxable person? Taxable person is a person who provides taxable services in the course or. is liable to be registered or . s .
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.
This article provides a comprehensive guide to Service Tax on imported services in Malaysia, including exemptions, late payment penalties, and responsibilities for both SST registrants and non-SST registrants.
