SST Reinstatement - Transition Process & Implementation Planning

29 Jun, 2018, Seri Pacific Hotel

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Tan Kok Tee has over 40 years of experience in financial, strategic and general management. He has held a variety of leadership and senior management roles in various organizations, the last being Group Chief Executive Officer. More than half of this time was spent in the Manufacturing Marketing & Distribution and services organization, including Inchcape Timuran Berhad, Metroplex Berhad and Perdana Industries Berhad.

 

He is a Fellow member of the Association of International Accountants, UK; Member of the Institute of Public Accountants, Aust.; Member of the Chartered Tax Institute of Malaysia; Member of the Malaysia Associations of Company Secretaries, holds a MBA in Finance from Charles Sturt University, Australia and a Gold Mastery Holder in Reinventing Strategic Planning and Management from the Haines Centre for Strategic Management, sponsored by University of San Diego, USA.

 

He is also a Certified Trainer with PMSB’s Train The Trainer Certificate since 2009 and a life member with the Malaysian Institute of Directors.

 

Kok Tee has been involved in training and facilitation since beginning 2009. To-date he had conducted about 300 training workshops, of which more about 200 are on GST including GST Accounting for both in-house as well as public, including for Government Authorities, Chamber of Commerce, Government Link Companies, Banks, Malaysian Institute of Accountants, Chartered Institute of Management Accountants, Selangor state Human Resource Development Centre, Negeri Sembilan state Skills Development Centre, NGOs, political party as well as on behalf of various other training providers.

 

He also developed delivered an Entrepreneurship program (training) especially for MBA students from GC University, Pakistan in collaboration with Sunway Education Group for period 2010 to 2014. He was also an assessor for the UTAR’s NGO strategic planning program and an invited speaker for the Asian Financial Controller’s Congress in 2009, 2010 and 2011.

Venue Details

Seri Pacific Hotel
Jalan Putra, 50350 Kuala Lumpur,
Phone : 03 4042 5555

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Contact us

Juliany,
03 2283 6109
juliany@ipa.com.my

Phoebe,
03 2283 6100
phoebe@ipa.com.my 

FOR CUSTOMISED IN-HOUSE TRAINING
Jane,
03 2283 6101
Jane@ipa.com.my

ADDRESS 
A-28-5, 28th Floor, Menara UOA Bangsar, 
No.5, Jalan Bangsar Utama 1, 
59000 Kuala Lumpur
www.ipa.com.my

FOCUSING ON
  • MODULE 1: Transition Pathway
  • MODULE 2: SST Mechanism and Scope
OVERVIEW

With effect from 1/6/2018, Minister Order on the rate of GST of 6% has been changed to 0%. The zero rated order and various order has been repeal at the same time for paving the way for the re-introduction of Sales Tax and Service Tax. (SST).

 

Other than the above changes, the whole of GST Act, Regulations, DG Decisions, Public Rulings, etc. relating to the administration of the GST is still valid until further action. Hence compliance is still require until further notice.

 

This course is therefore to help GST registered and NON-GST registered persons (as the threshold for SST registration is lower) to prepare and assist them in their management during this migration transition period and planning for their eventual migration from the current GST mechanism to that of the SST mechanism, with ease.


OBJECTIVES

  • Understanding how to manage the GST during this transition period.
  • Understanding fundamentals of SST mechanism.

WHO SHOULD ATTEND

This course is suitable for all kinds of service providers, tax consultants and professionals and the like.
METHODOLOGY

Interactive Lectures, Discussions and Q&A sessions.

WHAT YOU WILL LEARN
9:00 MODULE 1: TRANSITION PATHWAY ON:
  • Validity of GST Legislation, DG Decision and Public Ruling status
  • Tax invoice / Ordinary Invoice
  • Input tax claims, GST returns, refunds and penalty waiver
  • Time of supply during this Transition period:
    - SR or ZR during between Pre to Post Zero Rate Implementation
    - Claims & Compounds
    - Investigations, Tribunal and prosecutions
  • Schemes (ATS, ATMS, MS, AJS and warehousing scheme) and treatment for:
    - Designated areas
    - Free Zones
  • Tax codes applications w.e.f. 1/6/2018
  • Others
1:00 Lunch

2:00

MODULE 2: SST Mechanism and Scope

  • Sales Tax
    - Scope and Exemptions
    - Taxable person
    - Invoice, record keeping and submission of returns
    - Collections, Recovery, Drawback, Refund and Remission
    - Treatments for Labuan, Langkawi and Tioman
    - Offences
  • Service Tax
    - Scope and Exemptions
    - Taxable person
    - Invoice, record keeping and submission of returns
    - Collections, Recovery, Drawback, Refund and Remission
    - Offences
  • Business planning preparation for the migration to the SST mechanism
5:00 End of Course