GOODS AND SERVICES TAX REGULATIONS 2014

ARRANGEMENT OF REGULATIONS

PART I
PRELIMINARY

1. Citation and commencement
2. Interpretation

PART II
TIME OF SUPPLY

3. Goods for private or non-business use
4. Transfer of land
5. Supplies of telecommunication services, utilities, etc.
6. Supplier's goods in possession of the recipient
7. Retention payments
8. Continuous supplies of services
9. Supplies of goods and services between connected persons
10. Supply of services where amount of consideration was not ascertainable
11. Supplies in relation to construction industry
12. Machines or devices operated by coins, token, etc.
13. Betting and gaming supplies
14. Second-hand goods
15. General provision

PART III
REGISTRATION

16. Application to register
17. Notification of registration
18. Registration of branches and divisions
19. Group registration
20. Late registration penalty
21. Notification of the changes on particulars of registered person

PART IV
TAX INVOICE, CREDIT NOTE AND DEBIT NOTE

22. Contents of tax invoice
23. Self-billed invoice
24. Document issued by auctioneer or seller
25. Issuance of credit note and debit note

PART V
ACCOUNTING ON PAYMENT BASIS

26. Interpretation
27. Payment basis
28. Conditions for payment basis
29. Circumstances where payment basis not applicable
30. Commencement and expiry of approval
31. Revocation of approval
32. Accounting for tax
33. Change in accounting basis

PART VI
INPUT TAX AND PARTIAL EXEMPTION

34. Interpretation
35. Meaning of longer period
36. Disallowance of input tax
37. De minimis rule
38. Claim for input tax
39. Attribution of input tax to taxable supplies
40. Treatment of input tax attributable to exempt financial supplies as being attributable to taxable supplies
41. Non-applicability to certain business
42. Treatment of input tax attributable to exempt supply of land for general use as being attributable to taxable supplies
43. Longer period adjustment
44. Adjustment of input tax over-deducted due to change of use
45. Adjustment of input tax under-deducted due to change of use
46. Exceptional claims for input tax
47. Deemed input tax relating to insurance or takaful cash payments
48. Input tax allowed on the acquisition of goods or services under Islamic financial arrangement
49. Input tax allowed on the acquisition of goods or services by local authority or statutory body

PART VII
FIXED INPUT TAX RECOVERY

50. Interpretation
51. Eligibility for input tax allowable
52. Input tax allowable
53. Commencement
54. Records
55. Non-applicability of deduction of input tax on capital assets under Part VIII
56. Non-applicability of longer period adjustment, etc.

PART VIII
ADJUSTMENTS TO THE DEDUCTION OF INPUT TAX ON CAPITAL ASSETS

57. Interpretation
58. Period of adjustment
59. Method of adjustment
60. Ascertainment of use of a capital asset in making taxable supplies

PART IX
RETURNS AND PAYMENTS

61. Manner of making a return
62. Manner of making a declaration
63. Furnishing of return or declaration
64. Statement for sale in satisfaction of debt
65. Payment of tax, penalty or any charge
66. Payment of tax or penalty by instalments
67. Time for payment of refund
68. Manner of claiming tax refund
69. Correction of errors

PART X
BAD DEBT RELIEF

70. Claim for bad debt relief
71. Manner of claiming bad debt relief
72. Manner of making repayment
73. Evidence required to support claim
74. Records

PART XI
RELIEF FOR SECOND-HAND GOODS

75. Interpretation
76. Relief for second-hand goods
77. Application for relief for second-hand goods
78. Variation, suspension and revocation of approval

PART XII
TOURIST REFUND SCHEME

79. Interpretation
80. Conditions for tax refund
81. Manner of claiming tax refund
82. Approved outlet
83. Approved refund agent
84. Goods not eligible for refund
85. Offences

PART XIII
JOINT VENTURE

86. Application for approval

PART XIV
APPROVED TRADER SCHEME

87. Interpretation
88. Application for approval
89. Goods not eligible for the Approved Trader Scheme
90. Variation, suspension and revocation of approval

PART XV
APPROVED TOLL MANUFACTURER SCHEME

91. Application for approval
92. Variation, suspension and revocation of approval

PART XVI
APPROVED JEWELLER SCHEME

93. Interpretation
94. Application for approval
95. Issuance of tax invoice
96. Variation, suspension and revocation of approval

PART XVII
FLAT RATE SCHEME

97. Application for approval
98. Issuance of invoice
99. Flat rate addition
100. Insolvency, death, bankruptcy and incapacity of approved person
101. Revocation of approval
102. Records
103. Production of documents

PART XVIII
CAPITAL MARKETS

104. Single entity registration

PART XIX
ELECTRONIC SERVICES

105. Interpretation
106. Use of electronic service
107. Manner in using electronic services
108. Termination of the provision of electronic services to the registered user

PART XX
TAX AGENT

109. Eligibility for tax agent
110. Application for approval
111. Revocation of approval

PART XXI
ADMINISTRATION

112. Goods and Services Tax Offices
113. Office hours and hours of payment

PART XXII
MISCELLANEOUS MATTERS

114. General penalty
115. Compounding of offences
116. Forms

FIRST SCHEDULE
SECOND SCHEDULE
THIRD SCHEDULE
FOURTH SCHEDULE
FIFTH SCHEDULE

Note: This list is subject to change and will be updated from time to time.