Sales and Services Tax (SST) was reintroduced back in Malaysia on September 2018 in replace of...
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Sales and Services Tax (SST) was reintroduced back in Malaysia on September 2018 in replace of the Goods and Service Tax (GST). Discuss how Sales and Service Tax (SST) brings the following social and economic impact in Malaysia. (a) What is sales tax? What is the procedures for submitting sales tax return? (5 marks) (b) What is service tax ? Identify FIVE (5) types of taxable services. (5 marks). (c) Differences between Good and Service Tax (GST) & Sales and Service Tax (SST). (5marks) (d) Is there any exemption under sales tax registration? Give (5) examples. (5marks) Sales and Services Tax (SST) was reintroduced back in Malaysia on September 2018 in replace of the Goods and Service Tax (GST). Discuss how Sales and Service Tax (SST) brings the following social and economic impact in Malaysia. (a) What is sales tax? What is the procedures for submitting sales tax return? (5 marks) (b) What is service tax ? Identify FIVE (5) types of taxable services. (5 marks). (c) Differences between Good and Service Tax (GST) & Sales and Service Tax (SST). (5marks) (d) Is there any exemption under sales tax registration? Give (5) examples. (5marks)
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Answer rating: 100% (QA)
a Sales tax is a consumption tax imposed on taxable goods at the point of sale in Malaysia It is levied on specific goods produced in or imported into Malaysia The procedures for submitting sales tax ... View the full answer
Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
Posted Date:
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