News about customs

KUALA LUMPUR (July 31): The Federal government tabled the Sales Tax Bill 2018 and Services Tax Bill 2018 (SST Bills) for their first reading in the Dewan Rakyat today.

KUALA LUMPUR (July 20): The goods to be exempted from the Sales and Service Tax (SST), which include big-ticket items, posted on the Royal Malaysian Customs Department’s website, are still at the proposal stage, Bernama reported today.

The new sales tax and service tax (SST) implementation models were presented by the Ministry of Finance on July 19, 2018.

KUALA LUMPUR (July 19): Royal Malaysian Customs Director-General Datuk Seri Subromaniam Tholasy (pictured) said today that the comeback of the sales and services tax (SST) come Sept 1, deemed "SST 2.

PETALING JAYA (May 17): Taxation consultants lauded the government’s move of zero-rated GST as it will improve the ease of doing business in Malaysia and lessen the hassle for developers, especially those who have mixed-use developments.

KUALA LUMPUR (April 20): Various tax reliefs have been commonly accorded to mega public infrastructure developments as a government incentive since the 1980s, the Royal Malaysian Customs Department asserted yesterday, following the brouhaha over the granting of goods and services tax (GST) relief for the procurement of materials and services related to the RM55 billion East Coast Rail Link (ECRL) project.

KUALA LUMPUR (April 17): The Royal Malaysian Customs Department confirmed granting China Communications Construction Sdn Bhd goods and services tax (GST) relief under Malaysia's East Coast Rail Link (ECRL) project.

KUALA LUMPUR (June 30): Berjaya Corp Bhd (BCorp) posted a net profit of RM3.

KUALA LUMPUR (Feb 27): Property developer Titijaya Land Bhd plans to buy a company that owns three plots of leasehold land in Sabah measuring a total of 30.