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Malaysia GST Forum

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Customs' Weekly Foreign Exchange Rates EmptyFri Jul 03, 2015 9:34 am by joseph

» Industrial Diesel
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» ICT industry
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» Input Tax (Passenger Car for business purpose)
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» Conditions to Claim Input Tax
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» Additional industry code
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» Turnover Below RM500,000 subequent to GST registration
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Customs' Weekly Foreign Exchange Rates

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Malaysia GST Forum :: General :: Important Links

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Customs' Weekly Foreign Exchange Rates Empty Customs' Weekly Foreign Exchange Rates

Post by joseph Fri Mar 27, 2015 3:47 pm


joseph

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Post by janicelmt87 Wed Jun 10, 2015 5:20 pm

Hi Joseph,

May I know why realised Foreign gain and loss have to account under tax code TX-E43 when it is a non-monetary transaction. it doesnt seem to make sense to me that we have to incur gst on such expense.

Thanks

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Post by joseph Thu Jun 11, 2015 9:19 am

Both realised forex gain and loss - tax code is ES43.

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Post by janicelmt87 Thu Jun 11, 2015 1:48 pm

ES43 for both supplies and purchase?

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Post by janicelmt87 Thu Jun 11, 2015 1:56 pm

joseph wrote:Both realised forex gain and loss - tax code is ES43.


Hi Joseph,

My concern is on realised gain and loss for imports and i understand that the tax code is TX-E43 under purchase. Thanks

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Post by joseph Thu Jun 11, 2015 3:59 pm

ES43 for both purchases and supplies.

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