Malaysia
Customs to receive first GST returns next month, says director-general
Royal Malaysian Customs Department deputy director general Datuk Zainul Abidin Taib (left) at the opening of GST Expo and Conference 2014 at Kuala Lumpur Convention Centre (KLCC). nu00e2u20acu201d Picture by Firdaus Latif

PUTRAJAYA, April 6 — The customs department (JKDM) will receive its first Goods and Services Tax (GST) return statement from businesses with business value of RM5 million and above, next month, said its director-general Datuk Seri Khazali Ahmad.

He said the statements were expected to be received after May 20.

“May is an important month for customs. For businesses worth below RM5 million, they will submit their tax return every three months and this time it will be in July.

“The majority of tax returns received in May were via online. JKDM still accepts the statement sent manually,” he told reporters after a handover ceremony of 55 vehicles for GST audit officers at JKDM headquarters, here today.

The GST came into effect on April 1 at a rate of 6 per cent to replace the sales and services tax (SST) of 16 per cent.

On the 55 units of Proton Preve, Khazali said the new vehicles could improve their operational efficiency and ensure all businesses that had registered with GST would comply with the laws and regulations.

The vehicles were handed over to the states based on the number of businesses registered with the GST, he said.

Kuala Lumpur JKDM received eight units; Selangor (six); Sabah, Sarawak, Penang and Johor (five); Perak (three); Kelantan, Pahang and Negeri Sembilan (two); and Perlis and Terengganu (one).

He said the remaining vehicles would be handed over later based on needs. — Bernama

Related Articles

 

You May Also Like