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Sales Tax 2018 Implementation - Customs Practice

Expert Speaker Thomas Selvas Doss

MYR901.00 (including SST)

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EARLY BIRD SPECIAL:  Enjoy 10% Savings if you Register by 15 OCT 2018 Use code 15OCT at checkout.

Overview

The Sales Tax Act 2018 and its subsidiary legislations came into effect on the 1 September 2018 with its variety of procedures and documentation. Importers and manufacturers in Malaysia need to have a comprehensive idea of how to implement it in practice. The Customs Department has its own style of enforcing the various Sales Tax legislations through its Standard Operating Procedures. Importers and manufacturers need to understand how the Royal Malaysian Customs Department is planning to put it into practice. 

At the end of the workshop, you will:

  • Learn the overview of sales tax
  • Understand taxable goods and non-taxable goods
  • Gain insights on how to apply for sales tax exemptions
  • Understand to prepare correct Returns
  • Learn to handle a sales tax audit

This workshop is suitable for:

  • CFOs of manufacturing companies
  • Financial Directors
  • Accountants
  • Tax Consultants
  • Administrative staff

Programme Outline

1. Organisation of the Internal Tax Division, Customs Department

2. The Sales Tax Legislations – An Analysis

  • The Sales Tax Act 2018
  • Sales Tax Regulations 2018
  • Sales Tax (Rules of Valuation) Regulations 2018
  • Sales Tax (Goods exempted from Sales Tax) Order 2018
  • Sales Tax (Persons exempted from Sales Tax) Order 2018
  • Sales Tax (Exemption from Registration) Order 2018
  • Sales Tax (Rate of tax) Order 2018
  • Other Sales Tax Orders

3. Sales Tax Definitions and Concepts

  • Registered Manufacturer
  • Taxable Period
  • Surcharge
  • Business
  • Meaning of Customs Control
  • Designated Areas
  • Special Areas
  • The Customs Duties Order 2017 and Tariff Codes

4. Scope and Charge

  • Rates of Sales Tax
  • Single stage tax
  • Determination of value
  • Threshold of RM500,000.00
  • Calculation of Threshold
  • Registration
  • Invoices
  • Credit Notes/ Debit Notes
  • Taxable period
  • Sales tax returns
  • Penalty for late payment
  • Artificial separation of business
  • The use of Best Judgement
  • Sales tax exemptions
  • Refund of Sales tax
  • Drawback
  • Remission of Sales tax
  • Customs Rulings
  • Sales tax and Designated Areas
  • Sales tax and Special Areas
  • The Joint Development Area
  • Duty to keep records

5. Insights into Customs Implementation of the Sales Tax

  • The Sales Tax Section
  • Badges and Authority Cards
  • Powers of Sales Tax officers
  • The Bill of Demand
  • Payment by Instalments

6. Organisation of the Internal Tax Division, Customs Department

  • At Headquarters level
  • At State level

7. The Sales Tax Legislations – An Analysis

  • The Sales Tax Act 2018
  • Sales Tax Regulations 2018
  • Sales Tax (Rules of Valuation) Regulations 2018
  • Sales Tax (Goods exempted from Sales Tax) Order 2018
  • Sales Tax (Persons exempted from Sales Tax) Order 2018
  • Sales Tax (Exemption from Registration) Order 2018
  • Sales Tax (Rate of tax) Order 2018
  • Other Sales Tax Orders

8. Sales Tax Definitions and Concepts

  • Meaning of Manufacture
  • Registered Manufacturer
  • Taxable Period
  • Surcharge
  • Business
  • Meaning of Customs Control
  • Designated Areas
  • Special Areas
  • The Customs Duties Order 2017 and Tariff Codes

9. Scope and Charge

  • Rates of Sales Tax
  • Single stage tax
    • Imported goods
    • Locally manufactured goods
  • Determination of value
  • Threshold of RM500,000.00
  • Calculation of Threshold
  • Registration
  • Invoices
  • Credit Notes/ Debit Notes
  • Taxable period
  • Sales tax returns
  • Penalty for late payment
  • Artificial separation of business
  • The use of Best Judgement
  • Sales tax exemptions
  • Refund of Sales tax
  • Drawback
  • Remission of Sales tax
  • Customs Rulings
  • Sales tax and Designated Areas
  • Sales tax and Special Areas
  • The Joint Development Area
  • Duty to keep records

10. Insights into Customs Implementation of the Sales Tax

  • The Sales Tax Section
  • Officers of Sales Tax
  • Badges and Authority Cards
  • Powers of Sales Tax officers
  • The Cawangan Kawalan Kemudahan, Fasiliti dan Konsultasi
  • The Sistem Maklumat Kastam
  • The Sales Tax Audit
  • The Bill of Demand
  • Payment by Instalments
  • Appeals

Woskshop Leader

Thomas Selva Dos has served in the Royal Malaysian Customs Department as a Senior Officer of Customs for 15 years and was trained in Customs Audits, Sales Tax / Service Tax Audits and Investigations at the Malaysian Customs Academy. He served as a Sales Tax and Service Tax Auditor for seven years in Penang and K.L.

He is a trainer on customs procedures, sales tax and service tax and GST for the Federation of Malaysian Manufacturer’s members and also a trainer on indirect taxes for Malaysian Institute of Accountants, Malaysian Institute of Certified Public Accountants, CPA Australia and the Chartered Tax Institute of Malaysia. To-date he has conducted over 250 seminars and in-house trainings on sales tax, service tax, customs procedures and GST for numerous SME and multinational companies.

Thomas has conducted numerous Sales Tax and Service Tax Compliance Reviews in the past 10 years for corporate clients.  Being a Customs / Sales Tax / Service Tax specialist he has also handled more than 1,000 cases in the last 10 years. Currently he specializes in Sales Tax Audits, Service Tax Audits and Customs Audits.

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