GST shall be levied and charged on the taxable supply of goods and
services made in the course or furtherance of business in Malaysia by a
taxable person. GST is also charged on the importation of goods and
services.
A taxable supply is a supply which is standard rated or zero rated.
Exempt and out of scope supplies are not taxable supplies.
GST is to be levied and charged on the value of the supply.
GST can only be levied and charged if the business is registered
under GST. A business is not liable to be registered if its annual turnover
of taxable supplies does not reach the prescribed threshold. Therefore, such
businesses cannot charge and collect GST on the supply of goods and services
made to their customers. Nevertheless, businesses can apply to be registered
voluntarily.