On 30 April 2015, the Royal
Malaysian Customs Department (RMCD) has issued the decision DG's Decision 5/2015. The GST issues
related to the following:-
1. Document for claiming special refund.
2. Claiming Special Refund in respect of imported CBU car held on hand 31 March 2015.
3. Special Refund on stock of raw materials or components held on hand on 31 March 2015.
4. Cost recovery under warranty.
5. A gift of goods worth more than RM500.
The Director General has confirmed a registered person whether claims or not to claim the input tax credit on the goods, the registered person still has to account for output tax if the gift of goods is worth more than RM500.
6. Disbursement and Reimbursement.
The DG has explained the GST treatment and the criteria for disbursement and reimbursement.
7. Transport services.
Sources : RMCD website
No comments:
Post a Comment