Latest MEF Research Publications 2017 - Order Now!
Act now! Get one today!
Order one today!
jQuery Carousel
Member Login

  User ID
  Password
 
Forgot Password
   
MEF Events
21North Johor Group Meetings21 November 2018
21Melaka Area Meetings21 November 2018
27Kelantan Area Meetings27 November 2018
29Workshop on Managing and Handling Probationers29 November 2018
05Sarawak Regional Meetings (Miri)5 December 2018

MEF Academy Events
 21Behavioral Events Interviewing Skills21 - 22 November 2018
 26Occupational Safety & Health Act 199426 November 2018
 28Understanding Labour Laws28 - 29 November 2018
 29HR For Beginners29 - 30 November 2018
 12Certified Job Analysis Specialist12 - 13 December 2018
 

General News

Zero rated GST and introduction of SSTFriday, 18 May 2018
  
 

The Government has announced the reduction of the GST rate from 6% to zero % on all goods and services supplied on or after 1st June 2018.

However this does not mean GST is  abolished from 1st June 2018. Businesses will still required  to comply with the requirements of GST Act 2014, especially on the duty to submit GST returns until further notice by the authorities .
 
The Government  has announced that GST will be replaced by Sales and Services Tax (“SST”) and the SST will  come into  effect  2 to 3 months after June 2018.
 
However at this stage it is not clear whether the SST would be in the form before the introduction of GST on 1st April 2015. Previously the sales tax was generally 5% or 10% of factory price or import value, and service tax was 6%. On the issue of registration thresholds, previously service tax had  various  registration thresholds  ranging from RM3 million for restaurants to zero for professional services.
 
 
Tags/Keywords
GST,  SST
 
/Side Banners/PEMUDAH_170x80.jpg
/Side Banners/BLESS_170x48.jpg
/Side Banners/KWSP_170x104.jpg
/Side Banners/TalentCorp_170x55.jpg
/Side Banners/JobsMalaysia_170x92.jpg
/Side Banners/ilmia_170x52.jpg
/Side Banners/MysIDC_170x48.jpg
/Side Banners/ace_170x153.jpg
/Side Banners/ioe_170x95.jpg
/Side Banners/cape_170x50.jpg
/Side Banners/ilo_170x90.jpg

   ©  Copyright 2018** -->
   ©  Copyright 2018 Malaysian Employers Federation  |  All Rights Reserved.