Additionally, the Business-to-Business (B2B) exemption has been extended, allowing freight forwarders to be exempt from Service Tax on services such as warehousing, port, shipping, and cold chain facilities if acquired for onward supply. Newly registered logistics service providers will ...
The Malaysian Sales and Services Tax (SST) was reformed, maintaining the sales tax rate and hiking the service tax from 6% to 8% starting 1 March 2024. While taxable services such as digital services were impacted, others, like logistics and telecommunication services, received an exemption. Mal...
Group D: Private clubs Group E: Golf club and golf driving ranges Group F: Betting and gaming Group G: Professionals or skills which includes: Legal services Accounting, auditing, bookkeeping and consultancy Surveying services Engineering consultancy ...
(g) sold, transferred or conveyed any of its properties or assets, except in the ordinary course of business consistent with past practice; (h) made any capital expenditures or commitments in excess of $10,000 in the aggregate for replacements or additions to property, plant, equipment or ...
Class of persons, e.g. The Yang di Pertuan Agong, Ruler of States, Federal or State Government Department and Local Authority Duty-Free Shops, Public Higher Education Institution etc. Schedule B Manufacturer of specific non-taxable goods – exemption of tax on the acquisition of raw...
The Malaysian Sales and Services Tax (SST) was reformed, maintaining the sales tax rate and hiking the service tax from 6% to 8% starting 1 March 2024. While taxable services such as digital services were impacted, others, like logistics and telecommunication services, received an exemption. Mal...