SALES AND SERVICE TAX (SST)

Sales and Service Tax ("SST") was implemented with effect from 01 September 2018, replacing Goods and Services Tax ("GST") in Malaysia.

A rate of 5% and 10% was imposed on sales of goods, whereas 6% was levied on services under the implementation of SST, replacing the 6% for all goods and services under GST.

How does SST affects our business?

Narrow tax base, as it is levied at only 1 stage of the supply chain
Cascading and compounding index
No complete relief for export
Transfer pricing and vertical integration
Classification issues
Service tax is not imposed on both imported and exported services

WPL & Co. offer SST services as below:

Assist client in submission of SST
Provide general advice on SST issues