Transition from Goods & Service Tax (GST) To the Proposed Sales & Service Tax (SST)

26 Jul, 2018, Vistana 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

Vistana Kuala Lumpur
9 Jalan Lumut, Off Jalan Ipoh, 50400 Kuala Lumpur - 50400
Phone : (603) 4042 8000

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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 A: Goods & Service Tax
  • MODULE B: Sales Tax
  • MODULE C: Service Tax
  • MODULE D: Customs Ruling
  •  MODULE E: Review And Appeal Procedures Under Goods & Service Tax (GST) & Sales & Service Tax (SST)
  • MODULE F: Similarities And Differences Between GST And SST And Its Implications On Business
OVERVIEW

The Finance Ministry has announced that all goods and services subjected to GST will be zero-rated from June 1 but silent on whether a new system would be implemented. A replacement tax will be needed as soon as possible in order to minimize the loss of revenue.

 

Zero Rating is a transitional situation which will ultimately lead to the repeal of the GST Act and replacing it with a new Act. Zero Rating will give time to the Government to plan and adopt probably the previous Sales Tax Act and Service Tax Act (SST) for which the framework is already in place before a new one is formulated.

 

With the proposed SST in mind this course will introduce to the participants the smooth transition from GST to SST and the type of businesses which are likely to be affected with the introduction of SST.

AFTER ATTENDING THIS COURSE YOU WILL RETURN TO YOUR JOB…
  1. Understanding the basic concepts under GST and SST.
  2. Being able to determine who is required to be registered under Sales & Service Tax (SST).
  3. Understanding the SST procedures, documentation & compliance issues.
  4. Knowing how SST will affect businesses presently licensed and not licensed under GST.
  5. Identifying the basic similarities and differences between GST and SST and knowing how it is going to affect your business.
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.
COURSE OUTLINE
9:00 MODULE A: GOODS & SERVICE TAX
Outline of Basic Concepts
  • Legislations
  • GST Mechanism
  • Scope & Charge to Tax
  • Credit Mechanism/ITC
  • Accounting for GST
  • Type of Supply
    - Standard Rated Supply
    - Zero Rated Supply
    - Exempt Supply
    - Out of Scope Supply
    - Deemed Supply
  • Transitional issues related to transition from GST to SST
10:45 MODULE B: SALES TAX
Concept of Service Tax
  • Legislations
  • Taxable Goods
  • Scope of Charge
  • Sales Tax Exemption Order 20XX
  • Meaning of Manufacturers
  • Non Application of Sales Tax
  • Exemption from Licensing
  • Sales Tax Returns (CJP1)
  • Brief outline of Sales Tax Facilities
12.00 MODULE C: SERVICE TAX
Concept of Service Tax
  • Legislations
  • Taxable Services & Taxable Persons
  • Licensing Requirements / Calculation of Threshold
  • Scope & Charge to Tax
  • Service Tax Returns
1:00 Lunch

2:00

MODULE D: CUSTOMS RULING
Determination

  • Taxable persons under Sales Tax Act
  • Taxable services under Service Tax Act
  • Classification of Supplies under GST
  MODULE E: REVIEW AND APPEAL PROCEDURES UNDER GOODS & SERVICE TAX (GST) & SALES & SERVICE TAX (SST)
 
3:45 MODULE F: SIMILARITIES AND DIFFERENCES BETWEEN GST AND SST AND ITS IMPLICATIONS ON BUSINESS
 
5:00 End of course