Service Tax 2018 and its subsidiary legislation.
Dear esteemed MYBHA Members,
The Royal Customs Department had a briefing on 23 July 2018, Monday pertaining towards the
implementation of the Sales & Service Taxs (SST).
Details are as the attachments, however, it was informed that this attachments was just an overview since the Act had not been gazetted. Some provisions are still not finalized and its scheduled to be tabled in the cabinet on 27 July 2018 and to the Parliament on 07 August 2018.
The Service Tax rate is 6% and the implementation is to be effective on 01 September 2018.
We will keep you informed on any updates.
Dr. Sri Ganesh Michiel
Deputy Sec Gen
National Legal & ICT Bureau.
Malaysia Budget Hotels Association (MyBHA)