- Malaysia Customs Department posted a guide on sales tax exemption for approved businesses
- Exemption applies to manufacturing, hauling, hotel operations, and aerospace maintenance
- Guide covers definitions, conditions for exemption, application procedures, recovery of sales tax, penalties for evasion, reporting requirements, and termination procedures
- Guide includes various forms for reference
Source: news.bloombergtax.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
Latest Posts in "Malaysia"
- Malaysia Expands E-Invoice Restrictions to Electricity and Telecom Sectors Starting 2026
- Malaysia prohibits consolidated e-invoices for additional transactions
- Malaysia Expands E-Invoicing Requirements to Broader Scope
- Malaysia Expands e-Invoicing Mandate: Phase 3 Targets Mid-Sized Businesses from July 2025
- Malaysia Enacts 2025 Anti-Dumping Duties on Polyethylene Terephthalate and Tinplate Imports
