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GST Regulations
Last Updated : 3/4/2015 11:45
Untitled Document

GOODS AND SERVICES TAX REGULATIONS 2014

ARRANGEMENT OF REGULATIONS

PART I
PRELIMINARY

  1. Citation and commencement
  2. Interpretation

PART II
TIME OF SUPPLY

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

PART III
REGISTRATION

  1. Application to register
  2. Notification of registration
  3. Registration of branches and divisions
  4. Group registration
  5. Late registration penalty
  6. Notification of the changes on particulars of registered person

PART IV
TAX INVOICE, CREDIT NOTE AND DEBIT NOTE

  1. Contents of tax invoice
  2. Self-billed invoice
  3. Document issued by auctioneer or seller
  4. Issuance of credit note and debit note

PART V
ACCOUNTING ON PAYMENT BASIS

  1. Interpretation
  2. Payment basis
  3. Conditions for payment basis
  4. Circumstances where payment basis not applicable
  5. Commencement and expiry of approval
  6. Revocation of approval
  7. Accounting for tax
  8. Change in accounting basis

PART VI
INPUT TAX AND PARTIAL EXEMPTION

  1. Interpretation
  2. Meaning of longer period
  3. Disallowance of input tax
  4. De minimis rule
  5. Claim for input tax
  6. Attribution of input tax to taxable supplies
  7. Treatment of input tax attributable to exempt financial supplies as being attributable to taxable supplies
  8. Non-applicability to certain business
  9. Treatment of input tax attributable to exempt supply of land for general use as being attributable to taxable supplies
  10. Longer period adjustment
  11. Adjustment of input tax over-deducted due to change of use
  12. Adjustment of input tax under-deducted due to change of use
  13. Exceptional claims for input tax
  14. Deemed input tax relating to insurance or takaful cash payments
  15. Input tax allowed on the acquisition of goods or services under Islamic financial arrangement
  16. Input tax allowed on the acquisition of goods or services by local authority or statutory body

PART VII
FIXED INPUT TAX RECOVERY

  1. Interpretation
  2. Eligibility for input tax allowable
  3. Input tax allowable
  4. Commencement
  5. Records
  6. Non-applicability of deduction of input tax on capital assets under Part VIII
  7. Non-applicability of longer period adjustment, etc.

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

  1. Interpretation
  2. Period of adjustment
  3. Method of adjustment
  4. Ascertainment of use of a capital asset in making taxable supplies

PART IX
RETURNS AND PAYMENTS

  1. Manner of making a return
  2. Manner of making a declaration
  3. Furnishing of return or declaration
  4. Statement for sale in satisfaction of debt
  5. Payment of tax, penalty or any charge
  6. Payment of tax or penalty by instalments
  7. Time for payment of refund
  8. Manner of claiming tax refund
  9. Correction of errors

PART X
BAD DEBT RELIEF

  1. Claim for bad debt relief
  2. Manner of claiming bad debt relief
  3. Manner of making repayment
  4. Evidence required to support claim
  5. Records

PART XI
RELIEF FOR SECOND-HAND GOODS

  1. Interpretation
  2. Relief for second-hand goods
  3. Application for relief for second-hand goods
  4. Variation, suspension and revocation of approval

PART XII
TOURIST REFUND SCHEME

  1. Interpretation
  2. Conditions for tax refund
  3. Manner of claiming tax refund
  4. Approved outlet
  5. Approved refund agent
  6. Goods not eligible for refund
  7. Offences

PART XIII
JOINT VENTURE

  1. Application for approval

PART XIV
APPROVED TRADER SCHEME

  1. Interpretation
  2. Application for approval
  3. Goods not eligible for the Approved Trader Scheme
  4. Variation, suspension and revocation of approval

PART XV
APPROVED TOLL MANUFACTURER SCHEME

  1. Application for approval
  2. Variation, suspension and revocation of approval

PART XVI
APPROVED JEWELLER SCHEME

  1. Interpretation
  2. Application for approval
  3. Issuance of tax invoice
  4. Variation, suspension and revocation of approval

PART XVII
FLAT RATE SCHEME

  1. Application for approval
  2. Issuance of invoice
  3. Flat rate addition
  4. Insolvency, death, bankruptcy and incapacity of approved person
  5. Revocation of approval
  6. Records
  7. Production of documents

PART XVIII
CAPITAL MARKETS

  1. Single entity registration

PART XIX
ELECTRONIC SERVICES

  1. Interpretation
  2. Use of electronic service
  3. Manner in using electronic services
  4. Termination of the provision of electronic services to the registered user

PART XX
TAX AGENT

  1. Eligibility for tax agent
  2. Application for approval
  3. Revocation of approval

PART XXI
ADMINISTRATION

  1. Goods and Services Tax Offices
  2. Office hours and hours of payment

PART XXII
MISCELLANEOUS MATTERS

  1. General penalty
  2. Compounding of offences
  3. 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.

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