6% SST Begins On 1 September 2018 at YMCA KL
01 Sep 2018
Implementation of Sales Tax & Service Tax (SST)
6% SST Begins From 1 September 2018 At YMCA KL
The YMCA of Kuala Lumpur wishes to inform that in accordance with the implementation of Service Tax Act 2018, beginning 1st September 2018, the 6% Service Tax (ST) charges will appear in members/customers’ bill starting 1 September 2018, according to their accounts’ respective bill cycle.
Information about Sales Tax & Service Tax 2018
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What is SST? |
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SST consists of Sales Tax Act 2018 and Service Tax Act 2018. Manufacturers are licensed for Sales Tax while Traders/Service Providers are licensed for Service Tax upon reaching the prescribed threshold. |
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What is the rate for Sales Tax and Service Tax? |
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Sales Tax is charged on taxable goods that are manufactured in or imported into Malaysia and the rate of tax is either exempted, 5%, 10% or a specified rate. Service Tax is on taxable services by a taxable person and the rate of tax is 6% . |
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Where can I obtain more information about SST? |
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More information can be obtained from customs website at: http://www.customs.gov.my/en/hl/_layouts/15/CustomApplication/Announcement.aspx |
We have emailed to all YMCA KL Members, Business Partners and Customers of this change. Should you require further clarification, please contact us through [email protected] For business and partners, you can also contact your respective Department contact for further clarification.
Thank you.
If you have enquires, contact us at:
95, Jalan Padang Belia, Brickfields, 50470 Kuala Lumpur.
Tel: +603-22741439 | [email protected]
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