- Indirect Tax (Amendment) Bills passed in parliament on 17 July 2024
- Bills pending gazettement of respective Amendment Acts:
- Customs (Amendment) Bill 2024
- Excise (Amendment) Bill 2024
- Free Zones (Amendment) Bill 2024
- Sales Tax (Amendment) Bill 2024
- Service Tax (Amendment) Bill 2024
- Amendments include new definition of “Pulau 1” (Forest City in Johore)
- Pulau 1 excluded from definition of “Principal Customs Area”
- Pulau 1 reclassified as Designated Area for Sales Tax and Service Tax purposes
- Special provisions relating to Pulau 1 included in Amendments
Source: assets.kpmg.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.
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