Malaysia GST Forum
Would you like to react to this message? Create an account in a few clicks or log in to continue.
Malaysia GST Forum

A forum for all to discuss GST issues

Who is online?
In total there are 9 users online :: 0 Registered, 0 Hidden and 9 Guests

None

[ View the whole list ]


Most users ever online was 44 on Wed Dec 06, 2023 3:30 am
Latest topics
» This forum no longer accept new postings
Calculation of Value and GST for Imported Goods EmptyFri Jul 03, 2015 9:34 am by joseph

» Industrial Diesel
Calculation of Value and GST for Imported Goods EmptyFri Jul 03, 2015 9:11 am by joseph

» ICT industry
Calculation of Value and GST for Imported Goods EmptyFri Jul 03, 2015 9:10 am by joseph

» Input Tax (Passenger Car for business purpose)
Calculation of Value and GST for Imported Goods EmptyMon Jun 29, 2015 5:25 pm by joseph

» Conditions to Claim Input Tax
Calculation of Value and GST for Imported Goods EmptyMon Jun 29, 2015 3:12 pm by joseph

» Additional industry code
Calculation of Value and GST for Imported Goods EmptySun Jun 28, 2015 5:53 pm by joseph

» Sales Commisions
Calculation of Value and GST for Imported Goods EmptyFri Jun 26, 2015 7:44 pm by Poon1

» Advance payment for services not rendered yet
Calculation of Value and GST for Imported Goods EmptyThu Jun 25, 2015 4:13 pm by joseph

» Turnover Below RM500,000 subequent to GST registration
Calculation of Value and GST for Imported Goods EmptyWed Jun 24, 2015 6:16 pm by joseph

» Consigment Sales
Calculation of Value and GST for Imported Goods EmptyWed Jun 24, 2015 6:00 pm by joseph

» GST Accounting Entries
Calculation of Value and GST for Imported Goods EmptyTue Jun 23, 2015 10:21 pm by joseph

» Advance payment received from Customer
Calculation of Value and GST for Imported Goods EmptyTue Jun 23, 2015 5:45 pm by joseph

Statistics
We have 352 registered users
The newest registered user is molifar

Our users have posted a total of 570 messages in 139 subjects
Search
 
 

Display results as :
 

Rechercher Advanced Search


Calculation of Value and GST for Imported Goods

Malaysia GST Forum :: Specific Topics :: Value of Supply

Go down

Calculation of Value and GST for Imported Goods Empty Calculation of Value and GST for Imported Goods

Post by Admin Thu Feb 05, 2015 11:02 pm

Calculation of Value and GST for Imported Goods

Value of Imported Goods (for GST purpose) = Value of Goods + Customs duty + Excise duty
= 800 + 100 + 100
= 1,000

Note :
Value of Goods = Cost of Goods + Insurance + Freight + all other charges incurred to bring the goods into Malaysia

GST on Value of Imported Goods = 6% on Value of Imported Goods
= 6% x 1,000
= 60

Admin
Admin

Posts : 47
Join date : 2014-07-30

https://malaysiagst.forumms.net

Back to top Go down

Back to top

- Similar topics

Malaysia GST Forum :: Specific Topics :: Value of Supply

 
Permissions in this forum:
You cannot reply to topics in this forum