Key indirect tax measures
• Service tax exemption on accommodation provided by hotels from 1 March to August 2020.
• Import duty and sales tax exemption for port operators from 1 April 2020 to 31 March 2023 on imported or locally bought equipment and machinery.
• The deadline for the submission of sales tax and service tax return forms falling on 31 March 2020 has been extended to 15 April 2020. The extension also applies to the payment of sales and service taxes due on 31 March 2020.
Source: taxand.com
Latest Posts in "Malaysia"
- Malaysia Allows Backdated E-Invoices Under the Special Voluntary Disclosure Programme
- MyInvois SVDP Versions 1.2 and 1.3 Enable Back-Dated e-Invoice Submissions
- Finance Ministry Reaffirms SST as Preferred Tax System Over GST
- Malaysia Budget 2027 Proposes Targeted Sales and Service Tax Relief
- Hamzah Proposes Reintroducing GST at Revised Rate
