The primary goal of this workshop is to help professionals who have little or no knowledge in taxation in developing knowledge of indirect taxes. Sales and service tax (SST) imposed on consumers, importers, local and foreign service providers, collected from consumers and accountable to Royal Malaysian Customs.
With effect from 1st September 2018, sales and service tax is reintroduced in Malaysia to replace GST which lasted 3 years 5 months (1/4/2015 – 31/8/2018).
Date: 1st & 2nd November 2023
Venue: Armstrong Auto Parts Sdn Bhd, Butterworth, Penang
Program Benefits:
By the end of this course, you will be able to:
Differentiate between GST, Sales and Service Tax
Identify and classify the taxable goods for Sales Tax and taxable services under Service Tax.
Apply the relevant rate for certain goods and services.
Prepare sales tax and service tax computation
Understand the threshold for sales and service tax registration & exemption for registration
Understand the SST registration process
Calculate late payment penalty, taxable period, due date for submission of SST-02 return and payment and how to avoid offences and penalty?
Apply sales tax deductions, sales tax policy and sales tax exemptions
Differentiate between designated area and special area.
Training Methodology:
Exercise, Case study & Group Discussion.
Who Must Attend:
Entrepreneurs, Importers, Manufacturer, Entrepreneur, Service Provider (Local & Overseas), Business Managers, Supervisors, Executives and Managers and all professionals who are interested in SST implementation.
Feel free to contact TSY Consultancy by Call / WhatsApp to +6012-6243921 or email to marketing@tsy.my
Cheers.