Malaysia: Guidance on sales tax exemptions for manufacturing aids and cleanroom equipment
Sales tax exemptions effective 1 January 2024
Sales tax exemptions effective 1 January 2024
The Royal Malaysian Customs Department issued the following items of guidance regarding the Sales Tax (Persons Exempted from Payment of Tax) (Amendment) (No 3) Order 2023, which provides for sales tax exemptions for manufacturing aids and cleanroom equipment effective 1 January 2024:
- Public Ruling 2/2024 (dated 29 December 2023)
- Guide on Sales Tax Exemption under Schedule B, Sales Tax (Persons Exempted from Payment of Tax) Order 2018 (dated 29 December 2023)
- Guide on Sales Tax Exemption under Schedule C, Sales Tax (Persons Exempted from Payment of Tax) Order 2018 (dated 29 December 2023)
Read a January 2024 report [PDF 738 KB] prepared by the KPMG member firm in Malaysia
The KPMG name and logo are trademarks used under license by the independent member firms of the KPMG global organization. KPMG International Limited is a private English company limited by guarantee and does not provide services to clients. No member firm has any authority to obligate or bind KPMG International or any other member firm vis-à-vis third parties, nor does KPMG International have any such authority to obligate or bind any member firm. The information contained herein is of a general nature and is not intended to address the circumstances of any particular individual or entity. Although we endeavor to provide accurate and timely information, there can be no guarantee that such information is accurate as of the date it is received or that it will continue to be accurate in the future. No one should act on such information without appropriate professional advice after a thorough examination of the particular situation. For more information, contact KPMG's Federal Tax Legislative and Regulatory Services Group at: + 1 202 533 3712, 1801 K Street NW, Washington, DC 20006.