Sales & Service Tax (SST) - Principles, Concepts & Compliance

16-17 Aug, 2018, Furama Hotel Kuala Lumpur

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P. Nadaraja was formerly with the Royal Malaysia Customs (1981-1997) as a Senior Officer of Customs having served in various units and his key areas of focus includes customs administration, import and export procedures, classification, valuation, licensing and compliance matters. He possess an in-depth knowledge of various customs legislations including Customs Act, Sales Tax Act, Service Tax Act, Excise Act and other subsidiary legislations.

 

He has vast experience in Customs matters and has been a guest lecturer at the Royal Malaysia Customs Academy in Malacca on various occasions to deliver lectures on various aspects of Customs laws and procedures.

 

In 1997 he left the Customs Department on optional retirement for private practice as an Advocate and Solicitor.

 

He is now involved in legal practice and at the same a time is actively involved in conducting seminars and workshops on customs matters. He has also conducted in house training for various companies including statutory bodies and has advised and consulted upon by companies on issues such as customs and sales tax valuation, classification, service tax matters, drawback, refunds, exemptions and others. He was officially appointed by the Customs Department to conduct Basic Customs Course for forwarding agents during the year 2005 – 2007.

 

He is also an Associate of the Malaysia Institute of Chartered Secretaries and Administrators and an Associate Member of Chartered Tax Institute of Malaysia (ACTIM) and is currently involved in customs litigation and rendering of consultancy services on Customs matters.

Venue Details

Furama Hotel Kuala Lumpur
136, Jalan Changkat Thambi Dollah, 55100 Kuala Lumpur, - 55100
Phone : (603) 2788 8888

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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

Part A – SALES TAX

  • Legislations
  • Concept of Sales Tax
  • Taxable Persons - Licensing
  • Determination of Sales Value
  • Scope and Charge to Tax
  • Computation of Sales Tax Payable & Rate of Tax Payable
  • Tax Due & Payable
  • Record Keeping / Documentation
  • Refund of Sales Tax
  • Drawback of Sales Tax on goods Exported
  • Facilities under the Sales Tax Act
  • Sales Tax Exemption Orders
  • Sales Tax Ruling
  • Appeal & Review Procedures
  • Sales Tax application on LMW/ FIZ Companies and Free Ports of Labuan, Langkawi and Tioman
  • Offences & Penalties and Enforcement Powers of Customs under Sales Tax Act
  • SST Audit/Assessment Procedures

 

PART B - SERVICE TAX

  • Legislations under Service Tax
  • Concept of Service Tax
  • Taxable Persons & Licensing
  • Service Tax due & payable
  • Invoicing & Record Keeping
  • Facilities under Service Tax
  • Offences & Penalties under Service Tax
  • Review & Appeal Procedures
  • Audit/Review Procedures under Service Tax
  • Problems associated with Service Tax
OBJECTIVES

The Finance Ministry has announced that the Government will abolish GST and reinstate the previous Sales Tax and Service Tax (SST). The SST Bill is expected to be introduced in the next Parliamentary sitting in July and is expected to be framed with some variations based on the previous legislations. The SST is expected to be implemented in September 2018 to minimize the loss of revenue from the abolition of GST. Companies now need to get their act together to face the New SST Tax Regime and understanding its concept is a prerequisite.

The framework on Sales & Service Tax (SST) is already in place prior to the implementation of Goods & Service Tax. With the proposed SST in mind this course will introduce to the participants the previous concepts and requirements and its impact on businesses and how transitional issues will affect businesses currently registered under GST.

 

This course will highlight the principles, concepts, and compliance issues related to the Sales Tax and Service Tax and how its understanding will allow businesses to be ready to face the introduction of SST without any difficulties and will also incorporate announcements made on the SST Bill which will eventually become the Sales Tax Act and Service Tax Act.


AFTER ATTENDING THIS COURSE YOU WILL RETURN TO YOUR JOB...
  1. Understanding the basic concept of Sales Tax and Service Tax.
  2. Learning the requirement as to registration and liability to be registered.
  3. Knowing the various facilities, exemptions and reliefs provided under SST.
  4. Understanding the concept, procedures, documentation and compliance issues.
  5. Learning transitional issues related to shifting from GST to SST.
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.
  
DAY 1 | PART A: SALES TAX
9:00 Legislations
  • Sales Tax Act
  • Sales Tax Regulations
  • Sales Tax (Rules of Valuation) Regulations
  • Sales Tax (Customs Ruling) Regulations
  • Sales Tax Exemption Order
  • Sales Tax (Exemption from Licensing)
  • Order
  • Sales Tax (Rate of Tax ) Order
  Concept of Sales Tax
  • Single Stage Taxation
  • Meaning of manufacture under Sales Tax Act
  • Concept of Sales under Sales Tax Act
  • Taxable Goods and Non Taxable Goods
  Taxable Persons - Licensing
  • Who is taxable person
  • Application for license
  • Surrender & Revocation of License
  • Exemption from Licensing under Sales Tax (Exemption from Licensing) Order
  Determination of Sales Value
  • Sales Tax (Rules of Valuation) Regulations
  Scope and Charge to Tax
 
  Computation of Sales Tax Payable & Rate of Tax Payable
 
  Tax Due & Payable
  • When due & payable
  • Penalty for late payment
  • Sale tax recovered as civil debt
  • Joint liabilities of Directors
  Record Keeping / Documentation
  • Invoices
  • Furnishing of Returns – CJ(P)1
  • Assessment of tax on goods sold & manufactured
  • Assessment of Goods imported
1:00 Lunch

2:00 Drawback of Sales Tax on goods Exported
  • Requirements and Conditions
  Facilities under the Sales Tax Act
  • Cukai Jualan 5
  • Cukai Jualan 5A
  • Cukai Jualan 5B
  • Refund System
  • Credit System
  Sales Tax Exemption Orders
  • Sch A – Class of Goods Exempted
  • Sch B – Class of Persons Exempted
  • Sch C – Class of Manufacturers Exempted
  Sales Tax Ruling
  • Sales Tax (Ruling) Regulations
  Appeal & Review Procedures
  • Customs Appeal Tribunal
  • Remission by Minister of Finance
  Sales Tax application on LMW/ FIZ Companies and Free Ports of Labuan, Langkawi and Tioman

  Offences & Penalties and Enforcement Powers of Customs under Sales Tax Act

  SST Audit/Assessment Procedures

  Questions & Answers

5:00 End of Day 1
DAY 2 | PART B: SERVICE TAX
9:00 Legislations under Service Tax
  • Service Tax Act
  • Service Tax Regulations
  • Service Tax (Customs Ruling) Regulations
  • Service Tax (Rate of Tax) Order
  Concept of Service Tax
  • Taxable Persons
  • Taxable Services
  • Scope of Charge Tax
  • Rate of Tax
  Taxable Persons & Licensing
  • Persons chargeable to Tax
  • Calculation of Threshold
  • Type of Taxable Persons & Taxable Services
    - Group A : Hotel
    - Group B1,B2 and C : Restaurants
    - Group D : Night-Clubs, Dance Halls, Cabarets, Health Centres etc.
    - Group E : Private Clubs
    - Group E1 : Golf Course And Driving Range
    - Group F : Private Hospitals
    - Group G : Other Services Providers
  • Application for License & Requirements
  • Voluntary Licensing
  • Surrender & Revocation of License
  Service Tax due & payable
  • Timing of tax due & payable
  • Penalty for late payment
  • Treatment of export services
  • Service Tax Returns
  • Remission of tax
  Invoicing & Record Keeping
  • Invoices & Receipt
  • Furnishing of Returns
  • Assessment of Tax
1:00 Lunch

2:00 Facilities under Service Tax
  • Contra System
  • Refund of Bad Debt
  • Refund of Service Tax overpaid & erroneously paid
  Offences & Penalties under Service Tax
  • Penalty for incorrect return
  • Penalty for evasion
  • Offences by corporate bodies
  • General penalty
  • Penalty for charging tax by non-taxable person
  • Compounding of Offences
  Review & Appeal Procedures

  Audit/Review Procedures under Service Tax

  Problems associated with Service Tax

5:00 End of Course