Business Process Outsourcing
Goods & Services Tax (GST)
What is GST?
Goods and Services Tax (GST)
In some counties, it's called Value Added Tax (VAT)
Is an indirect, broad based consumption tax covering all sectors of the economy
Used in Malaysia
To be enforced from 1 April 2015
The applicable GST rate is 6%
GST is a broad based tax applicable to all sectors, including trading and wholesale, service providers, professional and consulting services, agencies, contractors, restaurants, food and beverages, telecommunication, property development, banking and financial, freight and transportation and many more. GST is charged on taxable supply o goods and services provided by taxable person.
Download GST Information Guide