Goods & Services Tax (GST)

What is GST?

• Goods and Services Tax (GST)

• In some counties, it's called Value Added Tax (VAT)

• Is an indirect, broad based consumption tax covering all sectors of the economy

• Used in Malaysia

• To be enforced from 1 April 2015

• The applicable GST rate is 6%

 

GST is a broad based tax applicable to all sectors, including trading and wholesale, service providers, professional and consulting services, agencies, contractors, restaurants, food and beverages, telecommunication, property development, banking and financial, freight and transportation and many more. GST is charged on taxable supply o goods and services provided by taxable person.

 

Download GST Information Guide

• Goods and Services Tax (GST) English Version (PDF: 1.01mb)

• Goods and Services Tax (GST) Chinese Version 中文 (PDF: 0.928mb)