The Ministry of Finance Malaysia has officially announced that the Goods and Services Tax (GST) rate for Malaysian will be set to zero starting 1st of June, 2018.
According to the statement, all registered businesses are required to comply until further notice and should still continue to adhere to the current rules set forth in regards to tax invoices, the delivery of tax returns within the prescribed period of charge, and input tax credit claims.
Businesses are also reminded to ensure that the prices of goods and services comply with the price Control and Anti-Profiteering Act 2011 at all times.
For all Slurp! POS merchants, we are happy to help you make the necessary adjustment by 1st of June, 2018. Please call or email us and we’ll get in touch as soon as possible.
- Phone Number: +603 2770 2869
- Email: email@example.com