Sales tax - Tax admin

5 important questions on Sales tax - Tax admin

What is the registration period requirement for a taxable person?

A taxable person is liable to register not later than the last day of the month following the end of the month where the total turnover > RM500,000. [ex: 31/8/x6 reached turnover -- 30/9/x6 must register]

When is the effective date of the registration?

The effective date shall be on the first day of the following month of application for registration.

Describe the taxable period for the first and subsequent periods.

First taxable period = 2 months from effective registration.
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When should every taxable person submit the SST return and pay sales tax?

Submit SST return and pay sales tax by the last day of the month following the end of each taxable period.[ex: taxable period Oct -Nov, submission date 31st Dec]

What are the penalties for late payment of tax within different time frames?

  • 1 to 30 days: 10% penalty
  • 31 to 60 days: 25% penalty
  • 61 to 90 days: 40% penalty
  • After 90 days: Prosecution

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