ROYAL MALAYSIAN CUSTOMS DEPARTMENT UPDATED GST GUIDES ON TRANSITIONAL RULES, EXPORT AND GAMING

The Royal Malaysian Customs Department has recently uploaded the updated GST Guides as follows:

GST Specific Guide on Transitional Rules (as at 3 August 2016).  

Paragraph 55 (definition of reviewable contract) and Paragraph 56 (meaning of reviewable opportunity) together with the corresponding Example 13 of the guide as at 19 March 2015 were removed.

GST Industry Guide on Export (as at 12 August 2016).

Paragraph 9 was inserted to include additional conditions for the claim of input tax relating to exported goods. Please take note of the new requirement to endorse a statement – “A claim for input tax under the GST Act 2014 will be made”, in the Sistem Maklumat Kastam (SMK) in respect of the export.

Answer (A8) to Frequently Asked Question No. 8 (Q8) was also amended in line with the above requirement, by including two more export documents i.e. the Export Declaration (Form K2/K8) with endorsement on Remarks column in SMK and the Customs Official Receipt (COR), that must be kept for a period of 7 years.

GST Industry Guide on Gaming (as at 12 August 2016).

The amendment was made to the Answer (A6) to Frequently Asked Question No. 6 (Q6) by substituting the words “gaming operator” with the words “casino operator”.