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MEF Academy Events
 17Domestic Inquiry17 July 2018
 18Handling Misconduct Relating to Absenteeism18 July2018
 24Certified On-The-Job Trainer24 - 26 July 2018
 26Interactive Visual Reporting and Analytics with Microsoft Excel Dashboard26 - 27 July 2018
 26Malaysian MTD and GST Transition from 6% to 0%26 July 2018
 02The Next Evolution of Collaborative Working2 August 2018
 04Accredited Certificate in Industrial Relations (UNIMAS)4 August 2018
 08Certified CSR and Sustainability Management Professional8 - 9 August 2018
 09Interactive Visual Reporting and Analytics with Microsoft Excel Dashboard9 - 10 August 2018
 11Certificate In Human Resource ManagementCommencement 11 August 2018
 15Competency Based Training Needs Analysis15 - 16 August 2018
 29Supervisory Skills For The New Workforce28 - 29 August 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
 
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