Not all credit notes qualify for an adjustment in the SST-02 return. Credit note adjustments are only allowed for credit notes that are issued in the “normal course of business”. The issuance of a credit note to correct an over-charge or erroneous charge of service tax does not constitute as adjustment made in the course of business. Where a company has overcharged or erroneously charged service tax to its customers and wishes to correct this error, the recourse available to the company is to apply for a service tax refund pursuant to Section 38 of STA.
Source: Deloitte
Latest Posts in "Malaysia"
- Briefing Document & Podcast: E-Invoicing & E-Reporting in Malaysia
- Malaysia Service Tax Policy on Health Examination Management Services Effective 1 May 2026
- Malaysia Updates Service Tax Guide for Electricity Transmission and Distribution
- Malaysia Issues Temporary Sales Tax Relief and Updated Registration Guide
- Malaysia Financial Services Service Tax Policy Amendment Consolidates Existing Exemptions
