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Malaysia: Service tax policies and FAQs

The Royal Malaysian Customs Department issued service tax policies and FAQs.

February 29, 2024

The Royal Malaysian Customs Department (RMCD) on 28 February 2024 issued the following service tax policies (STPs) and “frequently asked questions” (FAQs).

Expansion of taxable services and change in service tax rate

  • STP 1/2024: Determination of the date of charging service tax on new taxable services
  • STP 3/2024: Determination of service tax rate for the provision of various taxable services

FAQs

  • In relation to Budget 2024
  • In relation to expansion of the scope of taxable services and change in service tax rate

The FAQs provide a general overview and understanding in relation to the change in service tax rate and the expansion of taxable services. 

Exemption for traditional and complementary medicine (TCM)

  • STP 2/2024: Service tax is exempted on services provided by TCM practitioners who are registered under the Traditional and Complementary Medicine Act 2016 [Act 775].

Exemption periods

  • From 1 September 2018 to 29 February 2024, however,
    • When service tax has been collected from the customer, it must be remitted to Customs accordingly.
    • There is no refund on service tax remitted.
    • When the practitioners are not registered or registered but did not collect service tax, a blanket remission of penalty applies.
  • From 1 March 2024 until the service tax legislation is amended to cover the exemption

Read the February 2024 report prepared by the KPMG member firm in Malaysia

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