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Refund of Sales Tax for goods held on hand EmptyFri Jul 03, 2015 9:34 am by joseph

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Refund of Sales Tax for goods held on hand EmptyFri Jul 03, 2015 9:11 am by joseph

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Refund of Sales Tax for goods held on hand EmptyMon Jun 29, 2015 5:25 pm by joseph

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Refund of Sales Tax for goods held on hand EmptyMon Jun 29, 2015 3:12 pm by joseph

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Refund of Sales Tax for goods held on hand EmptyFri Jun 26, 2015 7:44 pm by Poon1

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Refund of Sales Tax for goods held on hand EmptyThu Jun 25, 2015 4:13 pm by joseph

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Refund of Sales Tax for goods held on hand EmptyTue Jun 23, 2015 10:21 pm by joseph

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Refund of Sales Tax for goods held on hand

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Malaysia GST Forum :: Specific Topics :: Others

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Refund of Sales Tax for goods held on hand Empty Refund of Sales Tax for goods held on hand

Post by Edin Mon Jan 26, 2015 12:29 pm

Hi everybody,

My another issue is on Special Refund of sales tax for goods held on hands. One of my company is in quarry business. Material which we have on hands are:
1. Bitumen
2. Bitumen emulsion
3. Cement
4. Aggregates (granite, stone, send, etc)
5. R.F.O.
6. Spare parts for plant and machinery

All of them are used to produce taxable products under GST.

My question: Are those items taxable under Sales Tax Act 1972 or in other words can I claim sales tax on this items above. All of them are purchase from dealers and no sales tax is shown on invoice, so if they are taxable under current sales tax I can use twenty percent method.

Edin

Posts : 11
Join date : 2015-01-02

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Refund of Sales Tax for goods held on hand Empty Re: Refund of Sales Tax for goods held on hand

Post by joseph Mon Jan 26, 2015 1:40 pm

Check with your suppliers if their supplies are subjected to sales tax. You may also check the sales tax status of your products here: http://tariff.customs.gov.my/

joseph

Posts : 277
Join date : 2014-09-25

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